Reinstatement of certificate of authority which has not terminated where cause for suspension no longer exists.

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58-6-54. Reinstatement of certificate of authority which has not terminated where cause for suspension no longer exists.

After an insurer has been suspended and if the insurer's certificate of authority has not terminated, the insurer's certificate of authority shall be reinstated if the insurer can demonstrate to the satisfaction of the director that cause for suspension no longer exists.

Source: SL 1966, ch 111, ch 3, §21(3); SL 1988, ch 391.


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