South Dakota Statutes

§ 58-27-73 — Immediate disposal of ineligible property or security unlawfully acquired.

South Dakota·Title 58 INSURANCE·Ch. 58-27 LOANS AND INVESTMENTS OF INSURERS
Any ineligible property or security unlawfully acquired by an insurer shall be disposed of forthwith, and for failure so to do within thirty days after order of the director requiring such disposal, the director may suspend or revoke the insurer's certificate of authority.

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South Dakota § 58-27-73 (Immediate disposal of ineligible property or security unlawfully acquired.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 6, § 32 (3).

Nearby Sections

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