{"data":{"id":"us-sd/sdcl-58-29b-160","jurisdiction":"us-sd","citation":"SDCL § 58-29B-160","heading":"Owner of secured claim--Elections.","body":"The owner of a secured claim against an insurer for which a liquidator has been appointed in this or any other state may surrender his security and file his claim as a general creditor, or the claim may be discharged by resort to the security in accordance with §§ 58-29B-122 and 58-29B-123, in which case the deficiency, if any, shall be treated as a claim against the general assets of the insurer on the same basis as claims of unsecured creditors.","path":["TITLE 58. INSURANCE","CHAPTER 58-29B. INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION"],"source_url":"https://sdlegislature.gov/Statutes/58-29B-160","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"92bb632413b84ebaa653d86fc09d071737258ebbc614a13978a7d8a6758a2e25","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-29b-159","next":"us-sd/sdcl-58-29b-161"},"notice":"GroundRules: Original legal text. Not legal advice."}