Section 58-6-55 - Reinstatement of authority of insurance producers--Notice to insurer and insuranceproducers. - South-dakota Statutes

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Statutes > South-dakota > Title-58 > Chapter-06 > Statute-58-6-55

58-6-55. Reinstatement of authority of insurance producers--Notice to insurer and insurance producers. Upon reinstatement of the insurer's certificate of authority, the authority of its insurance producers in this state to represent the insurer shall likewise reinstate. The director shall promptly notify by registered or certified mail the insurer and its insurance producers in this state, of record in the division, of such reinstatement. If pursuant to § 58-6-51 the director has published notice of the suspension, the director shall in like manner publish notice of the reinstatement.

Source: SL 1966, ch 111, ch 3, § 21 (4); SL 1982, ch 28, § 18; SL 2001, ch 286, § 78.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-06 > Statute-58-6-55

58-6-55. Reinstatement of authority of insurance producers--Notice to insurer and insurance producers. Upon reinstatement of the insurer's certificate of authority, the authority of its insurance producers in this state to represent the insurer shall likewise reinstate. The director shall promptly notify by registered or certified mail the insurer and its insurance producers in this state, of record in the division, of such reinstatement. If pursuant to § 58-6-51 the director has published notice of the suspension, the director shall in like manner publish notice of the reinstatement.

Source: SL 1966, ch 111, ch 3, § 21 (4); SL 1982, ch 28, § 18; SL 2001, ch 286, § 78.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-06 > Statute-58-6-55

58-6-55. Reinstatement of authority of insurance producers--Notice to insurer and insurance producers. Upon reinstatement of the insurer's certificate of authority, the authority of its insurance producers in this state to represent the insurer shall likewise reinstate. The director shall promptly notify by registered or certified mail the insurer and its insurance producers in this state, of record in the division, of such reinstatement. If pursuant to § 58-6-51 the director has published notice of the suspension, the director shall in like manner publish notice of the reinstatement.

Source: SL 1966, ch 111, ch 3, § 21 (4); SL 1982, ch 28, § 18; SL 2001, ch 286, § 78.