The corporation shall not transact business as an insurer until it has received a certificate of authority as provided in this chapter. Violation of this section is a Class 2 misdemeanor.
S.D. Codified Laws § 58-35-13
Transaction of business without certificate of authority as misdemeanor
Source: SL 1966, ch 111, ch 17, § 9 (4); SL 1978, ch 359, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.