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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 24 - Fire, Marine, Casualty, And Surety Insurance Rates And Rating Organizations
§ 58-24-36 Issuance of license--Finding by director--Time for granting or denying application.
Universal Citation: SD Codified L § 58-24-36 (2019)
58-24-36. Issuance of license--Finding by director--Time for granting or denying application. If the director finds that the applicant is competent, trustworthy, and otherwise qualified to act as a rating organization and that the contents of its application conform to the requirements of law, the director shall issue a license specifying the kinds of insurance, or subdivisions or classes of risks or parts or combinations thereof for which the applicant is authorized to act as a rating organization. Each application shall be granted or denied in whole or in part by the director within sixty days of the date of its filing with the director.
Source: SL 1966, ch 111, ch 15, § 6 (1); SL 2014, ch 239, § 3.
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