S.D. Codified Laws § 58-12-35

Current through the 2024 Legislative Session
Section 58-12-35 - Notice of hearing

If the director has reasonable cause to believe that an insurer doing business in this state is engaging in an unfair claims practice and that a proceeding in respect thereto is in the public interest, the director may issue and serve upon the insurer a notice of hearing, which shall set a hearing date not less than thirty days from the date of the notice. The hearing shall be conducted pursuant to chapter 1-26. Prior to conducting a public hearing pursuant to this section against an insurer regulated by chapter 58-35, the director shall attempt to resolve the alleged unfair claims practice with the insurer.

SDCL 58-12-35

SL 2014, ch 235, §5.
Added by S.L. 2014, ch. 235,s. 5, eff. 7/1/2014.