State Codes and Statutes

Statutes > South-dakota > Title-51a > Chapter-15 > Statute-51a-15-12

51A-15-12. "Insolvent" defined. "Insolvent" means incapable of meeting the demands of creditors or having liabilities which exceed assets.

Source: SL 1982, ch 336, § 1; SDCL, § 51-27-10.1.

Statutes > South-dakota > Title-51a > Chapter-15 > Statute-51a-15-12

51A-15-12. "Insolvent" defined. "Insolvent" means incapable of meeting the demands of creditors or having liabilities which exceed assets.

Source: SL 1982, ch 336, § 1; SDCL, § 51-27-10.1.

Statutes > South-dakota > Title-51a > Chapter-15 > Statute-51a-15-12

51A-15-12. "Insolvent" defined. "Insolvent" means incapable of meeting the demands of creditors or having liabilities which exceed assets.

Source: SL 1982, ch 336, § 1; SDCL, § 51-27-10.1.

Loading..