58-29B-45. Declaration of insurer's insolvency--Procedure.At the time of the petition for an order of liquidation, or at any time thereafter, the director, after making appropriate findings of an insurer's insolvency, may petition the court for a judicial declaration of such insolvency. After providing such notice and hearing as it deems proper the court may make the declaration. Source: SL 1989, ch 436, §45.
South Dakota Legal Code