58-30-6. Appointment of insurance producer by insurer--Filing with director--Statement of kinds of insurance to be transacted--Payment of fee--Reasons for denying appointment.
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/sd/title-58/chapter-58-30/58-30-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The director may deny an appointment or withhold processing an appointment for reasons of protection of the public health, welfare, or safety including the following:
(1)The insurance producer to be appointed is not properly licensed; or
(2)A notice of hearing from the Division of Insurance seeking revocation or suspension of the insurance producer or insurer has been issued.