South Dakota Statutes

§ 58-48-14 — Termination for failure--Termination by director.

South Dakota § 58-48-14
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-47PORTABLE ELECTRONICS INSURANCE

This text of South Dakota § 58-48-14 (Termination for failure--Termination by director.) 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 § 58-48-14 (2026).

Text

If an innovative insurance product or service fails before the termination of a testing period as provided in an applicable waiver, the participant shall immediately notify the director and report on actions taken by the participant to ensure consumers have not been harmed as a result of the failure. The director may terminate an insurance innovation waiver for cause and with reasonable notice to the participant. Nothing in this chapter restricts the director's application of chapters 58-4 and 58-29B as regards participants.

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Legislative History

SL 2021, ch 214, § 14.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-48-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-48-14.