{"data":{"id":"us-sd/sdcl-58-33a-26","jurisdiction":"us-sd","citation":"SDCL § 58-33A-26","heading":"Corrective action for violations.","body":"An insurer is responsible for compliance with §§ 58-33A-13 to 58-33A-27, inclusive. If a violation occurs because of the action or inaction of the insurer or its producer, the director may order:\n(1) An insurer to take reasonably appropriate corrective action for any consumer harmed by a failure to comply by the insurer, an entity contracted to perform the insurer’s supervisory duties, or by its producer in violation of §§ 58-33A-13 to 58-33A-27, inclusive;\n(2) A producer to take reasonably appropriate corrective action for any consumer harmed by the producer's violation of §§ 58-33A-13 to 58-33A-27, inclusive; and\n(3) A general agency or independent agency that employs or contracts with a producer to sell, or solicit the sale, of annuities to consumers, to take reasonably appropriate corrective action for any consumer harmed by the producer's violation of §§ 58-33A-13 to 58-33A-27, inclusive.\nAny violation of §§ 58-33A-13 to 58-33A-27, inclusive subjects the insurer, producer, or general agency or independent agency to suspension, revocation, refusal to renew a license, or to a monetary penalty as provided for under this title. However, the penalty may be reduced or eliminated, if corrective action for the consumer is taken promptly after a violation is discovered or the violation was not part of a pattern or practice.","path":["TITLE 58. INSURANCE","CHAPTER 58-33A. STANDARDS FOR ADVERTISEMENT, SOLICITATION, AND SALE OF LIFE AND HEALTH INSURANCE"],"source_url":"https://sdlegislature.gov/Statutes/58-33A-26","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"ca6accef91d1fddce7e8f1650d5e7df710c7189441fe1d83e1cf2e9a96db0f60","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-33a-25.5","next":"us-sd/sdcl-58-33a-27"},"notice":"GroundRules: Original legal text. Not legal advice."}