{"data":{"id":"us-sd/sdcl-58-43-11","jurisdiction":"us-sd","citation":"SDCL § 58-43-11","heading":"Rejection of accountant or audited financial report--Grounds.","body":"The director may not recognize as an accountant, nor accept any annual audited financial report, prepared in whole or in part by, any natural person who:\n(1) Has been convicted of fraud, bribery, a violation of the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. §§ 1961-1968, or any dishonest conduct or practices under federal or state law;\n(2) Has been found to have violated the insurance laws of this state with respect to any previous reports submitted under this chapter; or\n(3) Has demonstrated a pattern or practice of failing to detect or disclose material information in previous reports filed under the provisions of this chapter.","path":["TITLE 58. INSURANCE","CHAPTER 58-43. INDEPENDENT AUDIT OF INSURERS"],"source_url":"https://sdlegislature.gov/Statutes/58-43-11","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"dfeb6530e1a308fd59aedf43fff4f0a80eeed3dbc7f5f1f1afb5e73870c6d14c","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-43-10","next":"us-sd/sdcl-58-43-12"},"notice":"GroundRules: Original legal text. Not legal advice."}