South Dakota Statutes

§ 58-3-25 — Implementation of examination report's recommendations.

South Dakota § 58-3-25
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-3EXAMINATION OF INSURERS AND INSURANCE PRODUCERS

This text of South Dakota § 58-3-25 (Implementation of examination report's recommendations.) 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 § 58-3-25 (2026).

Text

When the examination is adopted and all rights to appeal have passed, the company shall implement the recommendations set forth in the final examination report within a time set by the director. The recommendations are those which are made pursuant to § 58-3-11 . The director may extend the time for implementation of the recommendation upon the written request of the company and if the company shows good cause for the extension. If the company does not implement the recommendations within the set time frame, the director may fine the company for each recommendation not implemented not more than twenty - five thousand dollars or revoke or suspend the certificate of authority or both.

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Legislative History

SL 1992, ch 338, § 19.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-3-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-3-25.