If the director of the Division of Insurance determines in a final order that the insurer has violated any provision of §§ 58-33-59 to 58-33-65, inclusive, the director shall require the insurer to reinstate insurance coverage to the end of the policy period. The director may also assess a money penalty against an insurer for each violation of any provision of §§ 58-33-59 to 58-33-65, inclusive, in an amount set forth in § 58-4-28.1 and may order the insurer to refrain from engaging in practices that violate the provisions of §§ 58-33-59 to 58-33-65, inclusive.
S.D. Codified Laws § 58-33-63
Reinstatement and money penalty for violation
Known as the Unauthorized Insurers False Advertising Process Act
The act spans §§ 58–58 (145 sections).
Source: SL 1985, ch 392, § 5.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.