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S.D. Codified Laws § 58-29B-112

Third party's claim contingent on judgment against insured--Consideration

Known as the Insurers Supervision, Rehabilitation, and Liquidation Act

The act spans §§ 58–58 (167 sections).

Source: SL 1989, ch 436, § 112.

The claim of a third party which is contingent only on his first obtaining a judgment against the insured shall be considered and allowed as if there were no such contingency.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.