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S.D. Codified Laws § 58-29B-131

Petition to reopen proceedings for good cause

Known as the Insurers Supervision, Rehabilitation, and Liquidation Act

The act spans §§ 58-29B-1 to 58-29B-99 (167 sections).

Source: SL 1989, ch 436, § 131.

After the liquidation proceeding has been terminated and liquidator discharged, the director or other interested party may at any time petition the court to reopen the proceedings for good cause, including the discovery of additional assets. If the court is satisfied that there is justification for reopening, it shall so order.

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