58-33-110. Circumstances mitigating violation of §§58-33-102 to 58-33-108.Any violation of §§58-33-102 to 58-33-108, inclusive, is mitigated, and the division shall reduce or eliminate any sanction otherwise applicable, if a licensee or other person demonstrates all of the following:(1)The licensee or other person maintained supervisory procedures and controls that complied with §58-33-112;(2)The violation occurred despite the maintenance of those procedures and controls;(3)The licensee or other person promptly reported the health benefit plan to the MEWA contact once the licensee or other person had actual knowledge that it was unauthorized health insurance; and(4)The licensee or other person took prompt corrective action. Source: SL 2007, ch 292, §18.
South Dakota Legal Code