SDCL § 58-5-113: Illegal dividends--Revocation or suspension of certificate of authority.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS
The director may revoke or suspend the certificate of authority of an insurer which has declared or paid a dividend contrary to the general corporation laws of this state.
Collected 2026-09-03T15:18:57Z. Source file · JSON