Any insurer or other person that fails to make any filing required by §§ 58-5A-46 to 58-5A-52, inclusive, and that fails to demonstrate a good faith effort to comply with any filing requirement is subject to an administrative fine of not less than two thousand five hundred dollars and not more than fifty thousand dollars.
S.D. Codified Laws § 58-5A-53
Failure to comply with filing requirements--Fine
Source: SL 1992, ch 341, § 15.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.