{"data":{"id":"us-sd/sdcl-58-30-133","jurisdiction":"us-sd","citation":"SDCL § 58-30-133","heading":"Penalties for violation by managing general agent.","body":"If the director finds after hearing that any person has violated any provision of §§ 58-30-124 to 58-30-139, inclusive, the director may order one or all of the following:\n(1) For each separate violation, a penalty in an amount of not more than twenty-five thousand dollars;\n(2) Revocation or suspension of the license or authority; or\n(3) The managing general agent to reimburse the insurer, the rehabilitator or liquidator of the insurer for any losses incurred by the insurer caused by a violation of §§ 58-30-124 to 58-30-139, inclusive, committed by the managing general agent.\nNothing contained in this section affects the right of the director to impose any other penalties provided for in the insurance law.","path":["TITLE 58. INSURANCE","CHAPTER 58-30. INSURANCE PRODUCERS"],"source_url":"https://sdlegislature.gov/Statutes/58-30-133","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"06628ed0a2bcbe0100dc0e2cee29b56aa6c2c5178d0f530f2d96d206cf3a1e67","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-30-132","next":"us-sd/sdcl-58-30-134"},"notice":"GroundRules: Original legal text. Not legal advice."}