58-29A-67. Report by directors on history and causes of insolvency.
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/sd/title-58/chapter-58-29/58-29a-67·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board of directors may, at the conclusion of any domestic insurer insolvency in which the association was obligated to pay covered claims, prepare a report on the history and causes of such insolvency, based on the information available to the association, and submit the report to the director.