Section 58-24-64 - Order of director made without a hearing--Hearing--Affirmance, reversal, ormodification of prior action--Postponement of effective date of prior action. - South Dakota Statutes

58-24-64. Order of director made without a hearing--Hearing--Affirmance, reversal, or modification of prior action--Postponement of effective date of prior action. Any insurer or rating organization aggrieved by any order or decision of the director made without a hearing, may, within thirty days after notice of the order to the insurer or organization, make written request to the director for a hearing thereon. The director shall hear such party or parties within twenty days after receipt of such request and shall give not less than ten days' written notice of the time and place of the hearing. Within a reasonable time after such hearing the director shall affirm, reverse, or modify his previous action, specifying his reasons therefor. Pending such hearing and decision thereon the director may suspend or postpone the effective date of his previous action.

Source: SL 1966, ch 111, ch 15, § 17 (1).