Section 58-5A-37 - Examination of insurers--Director's order to produce information. - South Dakota Statutes

58-5A-37. Examination of insurers--Director's order to produce information. Subject to the limitations contained in this section and §§ 58-5A-38 to 58-5A-40, inclusive, and in addition to the powers which the director has under the provision of this title relating to the examination of insurers, the director shall also have the power to order any insurer registered with him to produce such records, books, or other information papers in the possession of the insurer or its affiliates as shall be necessary to ascertain the financial condition or legality of conduct of such insurer. In the event such insurer fails to comply with such order, the director shall have the power to examine such affiliates to obtain such information.

Source: SL 1972, ch 267, § 31.