South Dakota HB1142 requires disclosure of third parties with contingent payment rights in civil actions.
South Dakota HB1142 mandates that parties in civil actions disclose any third parties with contingent payment rights to the court and other parties. This disclosure must occur within ten days of agreement execution or at the time of action filing, whichever is later. Exceptions include loan repayments and attorney fee reimbursements under specific conditions. Parties must also produce related agreements for inspection. The bill allows for corrections or supplements to disclosures if they become incomplete or incorrect.
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