Duration of suspension of certificate of authority--Rescission or shortening.

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58-6-52. Duration of suspension of certificate of authority--Rescission or shortening.

Suspension of an insurer's certificate of authority shall be for such period as the director specifies in the order of suspension, but not to exceed one year. During the suspension the director may rescind or shorten the suspension by his further order.

Source: SL 1966, ch 111, ch 3, §21 (1).


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