South Dakota Statutes

§ 58-6-48 — Suspension of certificate on commencement of delinquency proceedings.

South Dakota·Title 58 INSURANCE·Ch. 58-5C AUTHORITY TO TRANSACT INSURANCE IN STATE
The director may without advance notice or a hearing thereon, immediately suspend the certificate of authority of any insurer as to which proceedings for receivership, conservatorship, rehabilitation, or other delinquency proceedings, have been commenced in any state by the public insurance supervisory official of such state.

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South Dakota § 58-6-48 (Suspension of certificate on commencement of delinquency proceedings.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 3, § 19 (3).

Nearby Sections

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