South Dakota § 58-47-15 Penalties for violation of chapter.

South Dakota Statutes

§ 58-47-15 — Penalties for violation of chapter.

South Dakota § 58-47-15

Title 58INSURANCE

Ch. 58-47PORTABLE ELECTRONICS INSURANCE

This text of South Dakota § 58-47-15 (Penalties for violation of chapter.) 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 § 58-47-15 (2026).

Text

If a vendor of portable electronics or its employee or authorized representative violates any provision of this chapter, the director may do any of the following:

(1)After notice and hearing, impose penalties permitted under this section that the director deems necessary and reasonable to carry out the purpose of this chapter, including, but not limited to:

(a)Suspending or revoking the privilege of transacting portable electronics insurance pursuant to this chapter at specific business locations where violations have occurred; and (b) Suspending or revoking the ability of individual employees or authorized representatives to act under the license;

(2)Permit an applicant or licensee to elect in writing to pay a specified money penalty within a specified time in lieu of a lic

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If a vendor of portable electronics or its employee or authorized representative violates any provision of this chapter, the director may do any of the following: (1) After notice and hearing, impose penalties permitted under this section that the director deems necessary and reasonable to carry out the purpose of this chapter, including, but not limited to: (a) Suspending or revoking the privilege of transacting portable electronics insurance pursuant to this chapter at specific business locations where violations have occurred; and (b) Suspending or revoking the ability of individual employees or authorized representatives to act under the license; (2) Permit an applicant or licensee to elect in writing to pay a specified money penalty within a specified time in lieu of a license suspension or other permitted action. The money penalty may not exceed five hundred dollars per violation or five thousand dollars in aggregate.