South Dakota § 58-5A-7 Amendment of information statement--Violation as misdemeanor.

South Dakota Statutes

§ 58-5A-7 — Amendment of information statement--Violation as misdemeanor.

South Dakota § 58-5A-7

Title 58INSURANCE

Ch. 58-4AINSURANCE HOLDING COMPANIES

This text of South Dakota § 58-5A-7 (Amendment of information statement--Violation as misdemeanor.) 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 § 58-5A-7 (2026).

Text

If any material change occurs in the facts set forth in the statement filed with the director and sent to such insurer pursuant to § 58-5A-3 , an amendment setting forth such change, together with copies of all documents and other material relevant to such change, shall be filed with the director and sent to such insurer within two business days after the person learns of such change. Such insurer shall send such amendment to its shareholders. A violation of this section is a Class 2 misdemeanor.

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If any material change occurs in the facts set forth in the statement filed with the director and sent to such insurer pursuant to § 58-5A-3 , an amendment setting forth such change, together with copies of all documents and other material relevant to such change, shall be filed with the director and sent to such insurer within two business days after the person learns of such change. Such insurer shall send such amendment to its shareholders. A violation of this section is a Class 2 misdemeanor.