58-29B-100. Amounts for disbursements to associations.
81 words·~1 min read·
/sd/title-58/chapter-58-29/58-29b-100·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The liquidator's proposal shall provide for disbursements to the associations in amounts estimated at least equal to the claim payments made or to be made thereby for which such associations could assert a claim against the liquidator, and shall further provide that if the assets available for disbursement from time to time do not equal or exceed the amount of such claim payments made, or to be made, by the association then disbursements shall be in the amount of available assets.