South Dakota Codified Laws 58-14-37. Examination of agent or broker–Cost
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Any person doing business as an agent or broker under §§ 58-14-24 to 58-14-42, inclusive, is subject to examination by the director. The director shall have access to all books, bank accounts and records of the person in a form usable to the director. Any person contracting with a reinsurer may be examined as if it were the reinsurer. The reinsurer may be required to pay the cost of examination pursuant to § 58-3-15.
Terms Used In South Dakota Codified Laws 58-14-37
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1992, ch 345, § 14.