58-30-192. Penalties for failure to report.
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/sd/title-58/chapter-58-30/58-30-192·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An insurer, the authorized representative of the insurer, or insurance producer that fails to report as required under the provisions of §§ 58-30-141 to 58-30-195 , inclusive, or that is found to have reported with actual malice by a court of competent jurisdiction may, after notice and hearing, have its license or certificate of authority suspended or revoked and may be assessed a monetary penalty in accordance with § 58-4-28.1 .