§ 58-6-55 Reinstatement of authority of insurance producers--Notice to insurer and insurance producers.

SD Codified L § 58-6-55 (2019) (N/A)

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58-6-55. Reinstatement of authority of insurance producers--Notice to insurer and insurance producers. Upon reinstatement of the insurer's certificate of authority, the authority of its insurance producers in this state to represent the insurer shall likewise reinstate. The director shall promptly notify by registered or certified mail the insurer and its insurance producers in this state, of record in the division, of such reinstatement. If pursuant to § 58-6-51 the director has published notice of the suspension, the director shall in like manner publish notice of the reinstatement.

Source: SL 1966, ch 111, ch 3, § 21 (4); SL 1982, ch 28, § 18; SL 2001, ch 286, § 78.

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§ 58-6-54 Reinstatement of certificate of authority which has not terminated where cause for suspension no longer exists.

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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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