S.D. Codified Laws § 58-29B-46

Order of liquidation--Financial reports required--Annual filing

Known as the Insurers Supervision, Rehabilitation, and Liquidation Act

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

Source: SL 1989, ch 436, § 46; SL 1992, ch 351, § 4.

Any order issued under §§ 58-29B-41 to 58-29B-45, inclusive, shall require financial reports to the court by the liquidator.

Financial reports shall include, at a minimum, the assets and liabilities of the insurer and all funds received or disbursed by the liquidator during the current period. Financial reports shall be filed within one year of the liquidation order and at least annually thereafter.

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