2011 South Dakota Code
Title 58 INSURANCE
Chapter 29B. Insurers Supervision, Rehabilitation And Liquidation
§58-29B-96 Course of action upon violation of § 58-29B-95--Director's options.


SD Codified L § 58-29B-96 (through 2011) What's This?

58-29B-96. Course of action upon violation of § 58-29B-95--Director's options. Upon satisfactory evidence of a violation of § 58-29B-95, the director may pursue either one or both of the following courses of action; suspend, revoke, or refuse to renew the licenses of such offending party or parties or impose a penalty of not more than one thousand dollars for each and every act in violation of § 58-29B-95, by the party or parties.

Source: SL 1989, ch 436, § 96.

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