58-29B-129. Disposition of funds not distributed.All funds withheld under §§58-29B-112 to 58-29B-114, inclusive, and not distributed shall upon discharge of the liquidator be deposited with the state treasurer and paid by him in accordance with §58-29B-123. Any sums remaining which under §58-29B-123 would revert to the undistributed assets of the insurer shall be transferred to the state treasurer and become the property of the state under §58-29B-128, unless the director in his discretion petitions the court to reopen the liquidation under §58-29B-131. Source: SL 1989, ch 436, §129.
South Dakota Legal Code