{"data":{"id":"us-sd/sdcl-58-32-11","jurisdiction":"us-sd","citation":"SDCL § 58-32-11","heading":"Suspension or revocation of license of surplus line broker--Grounds.","body":"The director may suspend or revoke any surplus line broker's license:\n(1) If the broker fails to file his annual statement or to remit the tax as required by this chapter; or\n(2) If the broker fails to keep records, or to allow the director to examine his records as required by this chapter; or\n(3) If the broker knowingly or negligently places a surplus line coverage in an insurer that is in unsound financial condition in violation of § 58-32-25; or\n(4) For any other cause for which a general lines agent's license may be suspended or revoked.","path":["TITLE 58. INSURANCE","CHAPTER 58-32. SURPLUS LINE INSURANCE"],"source_url":"https://sdlegislature.gov/Statutes/58-32-11","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"d7955767c776bb9908514282e2e20911fc50213b62162354bfa3ada2b0bb9881","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-32-10.1","next":"us-sd/sdcl-58-32-12"},"notice":"GroundRules: Original legal text. Not legal advice."}