South Dakota § 58-29B-14 Director's determination of continuation of business hazardous--Notification of insurer.

South Dakota Statutes

§ 58-29B-14 — Director's determination of continuation of business hazardous--Notification of insurer.

South Dakota § 58-29B-14

Title 58INSURANCE

Ch. 58-29AINSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of South Dakota § 58-29B-14 (Director's determination of continuation of business hazardous--Notification of insurer.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 58-29B-14 (2026).

Text

If upon examination or at any other time the director has reasonable cause to believe or determines that any domestic insurer is in such condition as to render the continuance of its business hazardous to the public or to holders of its policies or certificates of insurance, or if such domestic insurer gives its consent, then the director shall upon his determination:

(1)Notify the insurer of his determination; and (2) Furnish to the insurer a written list of the director's requirements to abate his determination.

Free access — add to your briefcase to read the full text and ask questions with AI

If upon examination or at any other time the director has reasonable cause to believe or determines that any domestic insurer is in such condition as to render the continuance of its business hazardous to the public or to holders of its policies or certificates of insurance, or if such domestic insurer gives its consent, then the director shall upon his determination: (1) Notify the insurer of his determination; and (2) Furnish to the insurer a written list of the director's requirements to abate his determination.