South Dakota Codified Laws 58-34-44. Subscriber not liable until final judgment against insurer
Current as of: 2023 | Check for updates
|
Other versions
No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty days.
Terms Used In South Dakota Codified Laws 58-34-44
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Source: SL 1966, ch 111, ch 19, § 22 (1).