S.D. Codified Laws § 58-29B-50.1 (2026) – Obligations of liquidator subsequent to entry of liquidation order. | Midpage
§ 58-29B-50.1
S.D. Codified Laws § 58-29B-50.1 (2026)
Obligations of liquidator subsequent to entry of liquidation order.
SL 1992, ch 351 , § 8.
Notwithstanding the powers of the liquidator as stated in §§ 58-29B-47 and 58-29B-50, the liquidator has no obligation to defend claims or to continue to defend claims subsequent to the entry of a liquidation order.