Obligations of liquidator subsequent to entry of liquidation order

SDCL § 58-29B-50.1 — under INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION.

SDCL § 58-29B-50.1

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. Source: SL 1992, ch 351 , § 8.