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SOUTH DAKOTA STATUTES AND CODES
Section 51A-15-12 - "Insolvent" defined.
51A-15-12. "Insolvent" defined. "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.
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