Entry of a seizure order under §§ 58-29B-24 to 58-29B-26, inclusive, does not constitute an anticipatory breach of any contract of the insurer.
S.D. Codified Laws § 58-29B-27
Entry of order not anticipatory breach of insurer's contracts
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, § 27.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.