58-6-45. Hearing required on refusal to issue, suspension or revocation of certificate.
Except in cases of insolvency or impairment of required capital or surplus, or suspension or revocation by another state as referred to in subdivision 58-6-44(4), the director shall so refuse, suspend, or revoke the certificate of authority only after a hearing granted to the insurer thereon, unless the insurer waives such hearing in writing.
Source: SL 1966, ch 111, ch 3, §18 (2).