There is a newer version of the South Dakota Codified Laws
2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 27 - Loans And Investments Of Insurers
§ 58-27-73 Immediate disposal of ineligible property or security unlawfully acquired.
SD Codified L § 58-27-73 (2013) What's This?
58-27-73. Immediate disposal of ineligible property or security unlawfully acquired. Any ineligible property or security unlawfully acquired by an insurer shall be disposed of forthwith, and for failure so to do within thirty days after order of the director requiring such disposal, the director may suspend or revoke the insurer's certificate of authority.
Source: SL 1966, ch 111, ch 6, § 32 (3).
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