There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 58 INSURANCE
Chapter 29D. Regulation Of Life And Health Administrators
§58-29D-6 Termination of written agreement--Suspension of underwriting authority--Dispute.
SD Codified L § 58-29D-6 (through 2011) What's This?
58-29D-6. Termination of written agreement--Suspension of underwriting authority--Dispute. The insurer or administrator may, with written notice, terminate the written agreement for cause as provided in the agreement. The insurer may suspend the underwriting authority of the administrator during the pendency of any dispute regarding the cause for termination of the written agreement. The insurer must fulfill any lawful obligations with respect to policies affected by the written agreement, regardless of any dispute between the insurer and the administrator. The insurer must file the notice and the reason for termination with the director within thirty days of such termination.
Source: SL 1992, ch 352, § 6.
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