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§ 58-6-57 Failure to notify or continuation of business after notice as felony.

SD Codified L § 58-6-57 (2019) (N/A)
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58-6-57. Failure to notify or continuation of business after notice as felony. Each individual made responsible for the notification under § 58-6-56, who fails so to notify, and every person so authorized who, after being so notified or otherwise being informed as to such impairment or suspension, revocation, or refusal, solicits or writes further business for the insurer, is guilty of a Class 4 felony.

Source: SL 1966, ch 111, ch 3, § 22 (2); SL 1978, ch 359, § 5.

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§ 58-6-56 Suspension, revocation, or refusal to renew certificate because of deficiency of assets or impairment of capital or surplus--Cessation of business in state.
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§ 58-6-58 Impairment of assets, capital, or surplus--Suspension, revocation, or refusal to renew certificate of authority--Rehabilitator or receiver of insurer not required to notify agents.