Section 58-7-31 - Levy upon deposited assets and securities. - South Dakota Statutes

58-7-31. Levy upon deposited assets and securities. No judgment creditor or other claimant of an insurer shall have the right to levy or to proceed by any remedies, provisional or otherwise, upon any of the assets or securities of the insurer held on deposit in this state. As to deposits pursuant to the retaliatory law, §§ 58-6-70 to 58-6-73, inclusive, levy thereupon shall be permitted if so provided in the director's order under which the deposit is made.

Source: SL 1966, ch 111, ch 7, § 12.