South Dakota § 58-33-63 Reinstatement and money penalty for violation.

South Dakota Statutes

§ 58-33-63 — Reinstatement and money penalty for violation.

South Dakota·Title 58 INSURANCE·Ch. 58-32 UNFAIR TRADE PRACTICES

If the director of the Division of Insurance determines in a final order that the insurer has violated any provision of §§ 58-33-59 to 58-33-65 , inclusive, the director shall require the insurer to reinstate insurance coverage to the end of the policy period. The director may also assess a money penalty against an insurer for each violation of any provision of §§ 58-33-59 to 58-33-65 , inclusive, in an amount set forth in § 58-4-28.1 and may order the insurer to refrain from engaging in practices that violate the provisions of §§ 58-33-59 to 58-33-65 , inclusive.

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If the director of the Division of Insurance determines in a final order that the insurer has violated any provision of §§ 58-33-59 to 58-33-65 , inclusive, the director shall require the insurer to reinstate insurance coverage to the end of the policy period. The director may also assess a money penalty against an insurer for each violation of any provision of §§ 58-33-59 to 58-33-65 , inclusive, in an amount set forth in § 58-4-28.1 and may order the insurer to refrain from engaging in practices that violate the provisions of §§ 58-33-59 to 58-33-65 , inclusive.

South Dakota § 58-33-63 (Reinstatement and money penalty for violation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.