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S.D. Codified Laws § 58-6A-12

Compliance with voluntary dissolution or delinquency order by group not chartered if financially impaired

Source: SL 1987, ch 372, § 12.

A risk retention group not chartered in this state and doing business in this state shall comply with a lawful order issued in a voluntary dissolution proceeding or in a delinquency proceeding commenced by a state insurance director if there has been a finding of financial impairment after an examination under this chapter.

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