{"data":{"id":"us-sd/sdcl-58-6-44","jurisdiction":"us-sd","citation":"SDCL § 58-6-44","heading":"Refusal to renew or suspension or revocation of certificate, grounds.","body":"The director shall refuse to renew, or shall suspend or revoke, an insurer's certificate of authority:\n(1) If such action is required by any provision of this title; or\n(2) If a foreign insurer, it no longer meets the requirements for the authority, on account of deficiency of assets or otherwise; or if a domestic insurer, it has failed to cure an impairment of capital or surplus within the time allowed therefor by the director under this title; or\n(3) If the insurer knowingly exceeds its charter powers or powers granted under its certificate of authority; or\n(4) If the insurer's certificate of authority to transact insurance therein is suspended or revoked by its state of domicile, or state of entry into the United States if an alien insurer.","path":["TITLE 58. INSURANCE","CHAPTER 58-6. AUTHORITY TO TRANSACT INSURANCE IN STATE"],"source_url":"https://sdlegislature.gov/Statutes/58-6-44","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"abdc6b74ffec30a1b00bc5831677ad60c17083a433eca13ca3d50eb0523af055","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-6-43","next":"us-sd/sdcl-58-6-45"},"notice":"GroundRules: Original legal text. Not legal advice."}