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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05A - Insurance Holding Companies
§ 58-5A-52 Fine, suspension, or revocation for violation of cease and desist order.
Universal Citation: SD Codified L § 58-5A-52 (2019)
58-5A-52. Fine, suspension, or revocation for violation of cease and desist order. Any person who violates a cease and desist order of the director may, after notice and hearing, be subject to one or more of the following:
(1) An administrative fine of not more than ten thousand dollars for every day of violation; and
(2) Suspension or revocation of the person's license.
Source: SL 1992, ch 341, ยง 14.
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