Upon suspending or revoking or refusing to renew the insurer’s certificate of authority, the director shall forthwith give, by registered or certified mail, notice thereof to the insurer’s insurance producers in this state of record in the department, and shall likewise suspend or revoke the authority of the insurance producers to represent the insurer.

Terms Used In South Dakota Codified Laws 58-6-50

  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2

Source: SL 1966, ch 111, ch 3, § 20 (2); SL 1982, ch 28, § 18; SL 2001, ch 286, § 77.