Section 58-6-50 - Notice to insurance producers of suspension, revocation, or refusal to renewcertificate--Insurance Producers' authority. - South Dakota Statutes

58-6-50. Notice to insurance producers of suspension, revocation, or refusal to renew certificate--Insurance Producers' authority. Upon suspending or revoking or refusing to renew the insurer's certificate of authority, the director shall forthwith give, by registered or certified mail, notice thereof to the insurer's insurance producers in this state of record in the department, and shall likewise suspend or revoke the authority of the insurance producers to represent the insurer.

Source: SL 1966, ch 111, ch 3, § 20 (2); SL 1982, ch 28, § 18; SL 2001, ch 286, § 77.