South Dakota Statutes
§ 58-5A-69 — Order by director upon violation of standards--Cease and desist--Denial of license.
If an acquisition violates the standards of this chapter, the director may enter an order:
(1)Requiring an involved insurer to cease and desist from doing business in this state with respect to the line or lines of insurance involved in the violation; or (2) Denying the application of an acquired or acquiring insurer for a license to do business in this state.
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South Dakota § 58-5A-69 (Order by director upon violation of standards--Cease and desist--Denial of license.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1992, ch 341, § 36.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.