58-46-7. Issuance of certificate of authority.
41 words·~1 min read·
/sd/title-58/chapter-58-46/58-46-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the director is satisfied that the documents and statements that the captive insurance company has filed comply with the provisions of this chapter, the director shall issue a certificate of authority authorizing it to do insurance business in this state.