South Dakota Statutes

§ 58-6-49 — Order of suspension, revocation, or refusal to renew certificate--Replacement of policies.

South Dakota § 58-6-49
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-5CAUTHORITY TO TRANSACT INSURANCE IN STATE

This text of South Dakota § 58-6-49 (Order of suspension, revocation, or refusal to renew certificate--Replacement of policies.) 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 § 58-6-49 (2026).

Text

Each suspension or revocation of, or refusal to renew, an insurer's certificate of authority shall be by the director's order given to the insurer as provided by § 58-4-17 . If the director finds that the public health, safety, and welfare of insureds is imperiled due to being covered under a policy of insurance by an insurer or carrier whose certificate of authority has been revoked, and all appeals of the revocation have been exhausted the director may also order that the insurer or carrier replace all policies with equivalent policies issued by an authorized insurer in this state or otherwise provide for the transfer of all such risk through an arrangement approved by the director.

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Legislative History

SL 1966, ch 111, ch 3, § 20 (1); SL 2013, ch 246, § 2.

Nearby Sections

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Bluebook (online)
South Dakota § 58-6-49, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-6-49.