State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-113

58-5-113. Illegal dividends--Revocation or suspension of certificate of authority. The director may revoke or suspend the certificate of authority of an insurer which has declared or paid a dividend contrary to the general corporation laws of this state.

Source: SL 1966, ch 111, ch 16, § 33.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-113

58-5-113. Illegal dividends--Revocation or suspension of certificate of authority. The director may revoke or suspend the certificate of authority of an insurer which has declared or paid a dividend contrary to the general corporation laws of this state.

Source: SL 1966, ch 111, ch 16, § 33.


State Codes and Statutes

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-113

58-5-113. Illegal dividends--Revocation or suspension of certificate of authority. The director may revoke or suspend the certificate of authority of an insurer which has declared or paid a dividend contrary to the general corporation laws of this state.

Source: SL 1966, ch 111, ch 16, § 33.