Any officer, director, or employee of an insurance holding company system who knowingly subscribes to or makes or causes to be made any false statements or false reports or false filings with the director is guilty of a Class 6 felony.
S.D. Codified Laws § 58-5A-65
False statements, reports, or filings as felony
Source: SL 1992, ch 341, § 32.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.