58-29A-88. Notice to association of insolvency of insurer.The director shall notify the association of the existence of an insolvent insurer not later than three days after the director receives notice of the determination of the insolvency. The association is entitled to a copy of any complaint seeking an order of liquidation with a finding of insolvency against a member company at the same time that the complaint is filed with a court of competent jurisdiction. Source: SL 2000, ch 247, §35.
South Dakota Legal Code