§ 58-29B-50.1 Obligations of liquidator subsequent to entry of liquidation order.

SD Codified L § 58-29B-50.1 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

58-29B-50.1. Obligations of liquidator subsequent to entry of liquidation order. Notwithstanding the powers of the liquidator as stated in §§ 58-29B-47 and 58-29B-50, the liquidator has no obligation to defend claims or to continue to defend claims subsequent to the entry of a liquidation order.

Source: SL 1992, ch 351, § 8.