South Dakota Statutes
§ 58-5-113 — Illegal dividends--Revocation or suspension of certificate of authority.
South Dakota § 58-5-113
This text of South Dakota § 58-5-113 (Illegal dividends--Revocation or suspension of certificate of authority.) 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 § 58-5-113 (2026).
Text
The director may revoke or suspend the certificate of authority of an insurer which has declared or paid a dividend contrary to the general corporation laws of this state.
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Legislative History
SL 1966, ch 111, ch 16, § 33.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-5-113, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-113.