58-6-53. Rights and obligations of insurer during suspension.
55 words·~1 min read·
/sd/title-58/chapter-58-6/58-6-53·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
During the suspension period the insurer shall not solicit or write any new business in this state, but shall file its annual statement, pay fees, licenses, and taxes as required under this title, and may service its business already in force in this state, as if the certificate of authority had continued in full force.