SDCL § 58-5A-69: Order by director upon violation of standards--Cease and desist--Denial of license.

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

(2) Denying the application of an acquired or acquiring insurer for a license to do business in this state.