South Dakota § 58-5A-30 - Failure to file registration statement or enterprise risk report--Penalty--Waiver.
Full text of South Dakota South Dakota Codified Laws § 58-5A-30 — Failure to file registration statement or enterprise risk report--Penalty--Waiver., with citation guidance and answers to common questions.
§ 58-5A-30. Failure to file registration statement or enterprise risk report--Penalty--Waiver.
Failure to file a registration statement, enterprise risk report, or keep the registration statement current within the time specified in this chapter is a violation of this title. Any insurer failing, without just cause, to file any registration statement or amendment as required in this chapter shall pay a penalty of not less than one hundred dollars for each day's delay, but not to exceed twenty-five thousand dollars. The director may reduce or waive the penalty if the insurer demonstrates to the director that the imposition of the penalty constitutes a financial hardship to the insurer.
Source: SL 1972, ch 267, §§ 24, 36; SDCL Supp, § 58-5A-42; SL 1978, ch 359, § 2; SL 1992, ch 341, § 19; SL 2015, ch 246, § 10.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-5A-30
What does South Dakota Codified Laws § 58-5A-30 cover?
Section 58-5A-30 ("Failure to file registration statement or enterprise risk report--Penalty--Waiver.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-5A-30?
A common citation format is "South Dakota Codified Laws § 58-5A-30" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-5A-30 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.