Failure of an insurer subject to this chapter to comply with this chapter may result in a fine of not more than twenty - five thousand dollars for each violation or suspension of not more than one year or revocation of the certificate of authority. Source: SL 1992, ch 357 , § 23.
Fine, suspension, or revocation of license for violation
SDCL § 58-43-23 — under INDEPENDENT AUDIT OF INSURERS.
SDCL § 58-43-23