58-29B-50.1. Obligations of liquidator subsequent to entry of liquidation order.
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/sd/title-58/chapter-58-29/58-29b-50-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the powers of the liquidator as stated in §§ 58-29B-47 and 58-29B-50 , the liquidator has no obligation to defend claims or to continue to defend claims subsequent to the entry of a liquidation order.