Upon a complaint alleging a violation of any provision of §§ 58-33-59 to 58-33-65, inclusive, filed by a person with the Division of Insurance within sixty days after the cancellation date of the policy, the director of the Division of Insurance shall determine if the complaint is reasonably founded. If the director determines that the complaint is reasonably founded or otherwise has reason to believe that an insurer has engaged in practices that violate any provisions of §§ 58-33-59 to 58-33-65, inclusive, a hearing on the matter shall be set pursuant to chapter 1-26.

Terms Used In South Dakota Codified Laws 58-33-62

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2

Source: SL 1985, ch 392, § 4.

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