No judgment creditor or other claimant of an insurer shall have the right to levy or to proceed by any remedies, provisional or otherwise, upon any of the assets or securities of the insurer held on deposit in this state. As to deposits pursuant to the retaliatory law, §§ 58-6-70 to 58-6-73, inclusive, levy thereupon shall be permitted if so provided in the director's order under which the deposit is made.
S.D. Codified Laws § 58-7-31
Levy upon deposited assets and securities
Source: SL 1966, ch 111, ch 7, § 12.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.