2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 32 - Surplus Line Insurance
§ 58-32-26 Violation as misdemeanor--Revocation of licenses after hearing--Waiting period fornew license.


SD Codified L § 58-32-26 (2013) What's This?

58-32-26. Violation as misdemeanor--Revocation of licenses after hearing--Waiting period for new license. A broker who violates any provision in §§ 58-32-21 to 58-32-25, inclusive, is guilty of a Class 2 misdemeanor. If the director finds, after hearing conducted pursuant to chapter 1-26, that the broker has violated any of such sections he shall revoke all licenses held by him under this title, and shall not again license such individual under this title within a period of two years after such revocation became final.

Source: SL 1966, ch 111, ch 11, § 7; SL 1978, ch 359, § 6.

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