South Dakota § 58-6-40 - Time for approval or disapproval of original certificate--Extension--Failure to disapprove deemed approval.
Full text of South Dakota South Dakota Codified Laws § 58-6-40 — Time for approval or disapproval of original certificate--Extension--Failure to disapprove deemed approval., with citation guidance and answers to common questions.
§ 58-6-40. Time for approval or disapproval of original certificate--Extension--Failure to disapprove deemed approval.
Upon the filing and completion of an application for an original certificate of authority, the director shall have sixty days in which to approve the application by issuing an appropriate certificate of authority or to disapprove the application by issuing an order setting forth the grounds for such disapproval. The director may extend such sixty-day period for an additional sixty days by notifying the applicant in writing of such extension. If the application is not approved or disapproved within the time period as set forth above, but in no event to exceed one hundred twenty days, the application shall be deemed to be approved and the director shall thereupon issue the appropriate certificate of authority. The waiting period shall commence as of the date all information and documents required by the director are received.
Source: SL 1966, ch 111, ch 3, § 16 (1).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-6-40
What does South Dakota Codified Laws § 58-6-40 cover?
Section 58-6-40 ("Time for approval or disapproval of original certificate--Extension--Failure to disapprove deemed approval.") 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 § 58-6-40?
A common citation format is "South Dakota Codified Laws § 58-6-40" (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 § 58-6-40 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.