<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-17-72 - Transitional period when additional class of business acquired. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2075018Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2075018SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2075018CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2075018Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2075018DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2075018000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2075018SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2075018SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2075018Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-17-72"><span class="s2075018SENU">58-17-72</span></a><span xml:space="preserve" class="s2075018SENU">. </span><span class="s2075018CL">Transitional period when additional class of business acquired.</span></p><p dir="ltr" class="s2075018Normal-000000"><span xml:space="preserve" class="s2075018DefaultParagraphFont">The director may provide for a period of transition in order for a carrier to come into compliance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-17-71"><span class="s2075018DefaultParagraphFont">58-17-71</span></a><span xml:space="preserve" class="s2075018DefaultParagraphFont"> in the instance of acquisition of an additional class of business from another carrier.</span></p><p dir="ltr" class="s2075018Normal"><span xml:space="preserve" class="s2075018000001"> </span></p><p dir="ltr" class="s2075018Normal"><span class="s2075018SCL">Source:</span><span xml:space="preserve" class="s2075018SCL-000002"> SL 1996, ch 286, § 7.</span></p></div></body></html>