58-30-167.2. Revocation of license for failure to respond.If the director has reasonable evidence that a licensed insurance producer has violated any provision of this title and the licensed producer has also violated subdivision 58-33-66(1) for failing to respond to division inquiries regarding the same, the director may, after sufficient notice, revoke the producer's license by an order of the director without a hearing. An order under this section must include the applicable provisions of §58-4-16 and chapter 1-26 for final agency decisions and must be accompanied by exhibits demonstrating the alleged violations.For purposes of this section, the term 'sufficient notice' means:(1)The producer is provided notice of the alleged violations at the producer's last reported mailing address on file with the director; and(2)The producer is provided a second notice at the producer's last reported mailing address on file with the director stating the producer is in violation of §58-33-66 and must respond to avoid administrative action by the division. Source: SL 2024, ch 204, §1.
South Dakota Legal Code