{"data":{"id":"us-sd/sdcl-58-33-61","jurisdiction":"us-sd","citation":"SDCL § 58-33-61","heading":"Grounds for cancellation.","body":"After sixty days from the effective date of policy issuance a notice of cancellation may not be issued unless it is based upon at least one of the following reasons:\n(1) Nonpayment of premium;\n(2) Discovery of fraud or material misrepresentation made by or with the knowledge of the named insured in obtaining the policy, continuing the policy, or in presenting a claim under the policy;\n(3) Discovery of acts or omissions on the part of the named insured which increase any hazard insured against;\n(4) The occurrence of a change in the risk which substantially increases any hazard insured against after insurance coverage has been issued;\n(5) A violation of any local fire, health, safety, building, or construction regulation or ordinance with respect to any insured property or the occupancy thereof which substantially increases any hazard insured against;\n(6) A determination by the director of the Division of Insurance that the continuation of the policy would jeopardize a company's solvency or would place the insurer in violation of the insurance laws of this state;\n(7) Violation or breach by the insured of any policy terms or conditions; or\n(8) Such other reasons as are approved by the director of the Division of Insurance.","path":["TITLE 58. INSURANCE","CHAPTER 58-33. UNFAIR TRADE PRACTICES"],"source_url":"https://sdlegislature.gov/Statutes/58-33-61","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f50fb08eeb9551d73983c5abe7d7a64a83d4295fd564d46138e13f4516879817","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-33-60","next":"us-sd/sdcl-58-33-62"},"notice":"GroundRules: Original legal text. Not legal advice."}