SDCL § 58-27-77: Immediate disposal of ineligible investment unlawfully acquired.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-27. LOANS AND INVESTMENTS OF INSURERS
The insurer shall forthwith dispose of any ineligible investment unlawfully acquired by it, and the director may suspend or revoke the insurer's certificate of authority if the insurer fails to dispose of the investment within such reasonable time as the director may, by his order, specify.
Collected 2026-09-03T15:18:57Z. Source file · JSON