Section 58-5A-68 - Stay of director's action upon appeal to circuit court. - South Dakota Statutes

58-5A-68. Stay of director's action upon appeal to circuit court. The filing of an appeal to the circuit court for any administrative act shall stay the application of any rule, order, or other action of the director to the appealing party unless the court, after giving the party notice and an opportunity to be heard, determines that a stay would be detrimental to the interest of policyholders, shareholders, creditors, or the public.

Source: SL 1992, ch 341, § 35.