South Dakota Codified Laws 58-5A-69. Order by director upon violation of standards–Cease and desist–Denial of license
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If an acquisition violates the standards of this chapter, the director may enter an order:
(1) Requiring an involved insurer to cease and desist from doing business in this state with respect to the line or lines of insurance involved in the violation; or
Terms Used In South Dakota Codified Laws 58-5A-69
- State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
(2) Denying the application of an acquired or acquiring insurer for a license to do business in this state.
Source: SL 1992, ch 341, § 36.