58-29B-38. Guaranty associations--Standing to appear in rehabilitation proceedings.
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/sd/title-58/chapter-58-29/58-29b-38·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any guaranty association or foreign guaranty association covering life or health insurance or annuities shall have standing to appear in any court proceeding concerning the rehabilitation of a life or health insurer if such association is or may become liable to act as a result of the rehabilitation.