§ 51A-15-12

S.D. Codified Laws § 51A-15-12 (2026)

"Insolvent" defined.

SL 1982, ch 336 , § 1; SDCL, § 51-27-10.1.

"Insolvent" means incapable of meeting the demands of creditors or having liabilities which exceed assets.

Source: SL 1982, ch 336 , § 1; SDCL, § 51-27-10.1.