Transaction of business without certificate of authority as misdemeanor.

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Organization And General Powers Of Insurers
  5. Transaction of business without certificate of authority as misdemeanor.

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58-5-20. Transaction of business without certificate of authority as misdemeanor.

The corporation shall not transact business here as an insurer until it has received a certificate of authority as provided in this title. Violation of this section is a Class 2 misdemeanor.

Source: SL 1966, ch 111, ch 16, §7 (4); SL 1978, ch 359, §2.


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