The director may suspend or revoke the certificate of authority of any insurer failing to file its annual statement.
S.D. Codified Laws § 58-35-55
Failure to file annual statement--Suspension or revocation of certificate of authority
Source: SL 1966, ch 111, ch 17, § 21 (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.