South Dakota Statutes

§ 58-5A-52 — Fine, suspension, or revocation for violation of cease and desist order.

South Dakota·Title 58 INSURANCE·Ch. 58-4A INSURANCE HOLDING COMPANIES

Any person who violates a cease and desist order of the director may, after notice and hearing, be subject to one or more of the following:

(1)An administrative fine of not more than ten thousand dollars for every day of violation; and (2) Suspension or revocation of the person's license.

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South Dakota § 58-5A-52 (Fine, suspension, or revocation for violation of cease and desist order.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1992, ch 341, § 14.

Nearby Sections

15
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