Section 58-6-61 - Suspension or revocation of authority of insurance producers--Notice by director. - South-dakota Statutes

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Statutes > South-dakota > Title-58 > Chapter-06 > Statute-58-6-61

58-6-61. Suspension or revocation of authority of insurance producers--Notice by director. Such refusal, suspension, or revocation shall likewise automatically suspend or revoke, as the case may be, the authority of all such insurance producers to act as insurance producers of the insurer in this state, and the director shall so state in the notice to insurance producers provided for in § 58-6-60.

Source: SL 1966, ch 111, ch 3, § 25 (2); SL 2001, ch 286, § 80.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-06 > Statute-58-6-61

58-6-61. Suspension or revocation of authority of insurance producers--Notice by director. Such refusal, suspension, or revocation shall likewise automatically suspend or revoke, as the case may be, the authority of all such insurance producers to act as insurance producers of the insurer in this state, and the director shall so state in the notice to insurance producers provided for in § 58-6-60.

Source: SL 1966, ch 111, ch 3, § 25 (2); SL 2001, ch 286, § 80.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-06 > Statute-58-6-61

58-6-61. Suspension or revocation of authority of insurance producers--Notice by director. Such refusal, suspension, or revocation shall likewise automatically suspend or revoke, as the case may be, the authority of all such insurance producers to act as insurance producers of the insurer in this state, and the director shall so state in the notice to insurance producers provided for in § 58-6-60.

Source: SL 1966, ch 111, ch 3, § 25 (2); SL 2001, ch 286, § 80.