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.