<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 58-29D-32 - Immediate suspension of license--No notice required. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2076326Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076326SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076326CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2076326Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076326DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2076326Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076326000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2076326SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076326SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2076326Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-32"><span class="s2076326SENU">58-29D-32</span></a><span xml:space="preserve" class="s2076326SENU">. </span><span class="s2076326CL">Immediate suspension of license--No notice required.</span></p><p dir="ltr" class="s2076326Normal-000000"><span class="s2076326DefaultParagraphFont">The director may, in his discretion and without advance notice of hearing thereon, immediately suspend the certificate of any administrator if the director finds that one or more of the following circumstances exist:</span></p><p dir="ltr" class="s2076326Normal-000001"><span class="s2076326DefaultParagraphFont">(1)    The administrator is insolvent or impaired;</span></p><p dir="ltr" class="s2076326Normal-000001"><span class="s2076326DefaultParagraphFont">(2)    A proceeding for receivership, conservatorship, rehabilitation, or other delinquency proceeding regarding the administrator has been commenced in any state;</span></p><p dir="ltr" class="s2076326Normal-000001"><span class="s2076326DefaultParagraphFont">(3)    The financial condition or business practices of the administrator otherwise pose an imminent threat to the public health, safety, or welfare of the residents of this state.</span></p><p dir="ltr" class="s2076326Normal"><span xml:space="preserve" class="s2076326000002"> </span></p><p dir="ltr" class="s2076326Normal"><span class="s2076326SCL">Source:</span><span xml:space="preserve" class="s2076326SCL-000003"> SL 1992, ch 352, § 32.</span></p></div></body></html><br /><hr><br /><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 58-29D-32 - Immediate suspension of license--No notice required. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2076327Normal { 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.s2076327SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076327CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2076327Normal-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.s2076327DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2076327Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2076327000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2076327SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076327SCL-000003 { 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="s2076327Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-32.1"><span class="s2076327SENU">58-29D-32.1</span></a><span xml:space="preserve" class="s2076327SENU">. </span><span class="s2076327CL">Notice of denial of application or renewal--Request for hearing--Hearing on suspension or revocation--Notice.</span></p><p dir="ltr" class="s2076327Normal-000000"><span class="s2076327DefaultParagraphFont">If the director denies an application or annual renewal for a license or registration, the director shall notify the applicant or licensee and advise, in writing, the applicant or licensee of the reason for the denial. The applicant or licensee may make a written request to the director within thirty days of the date of the denial for a hearing to determine the reasonableness of the director's action. A notice of hearing shall be issued within thirty days of receipt of a written request.</span></p><p dir="ltr" class="s2076327Normal-000001"><span xml:space="preserve" class="s2076327DefaultParagraphFont">The director shall suspend for not more than twelve months, or may revoke or refuse to continue, any license or registration issued under this chapter after a hearing. Notice of such hearing and of the charges against the licensee or registrant pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-31"><span class="s2076327DefaultParagraphFont">58-29D-31</span></a><span xml:space="preserve" class="s2076327DefaultParagraphFont"> shall be given at least twenty days before a hearing. Notice of hearing shall be issued within twenty days of the director's suspension under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-32"><span class="s2076327DefaultParagraphFont">58-29D-32</span></a><span xml:space="preserve" class="s2076327DefaultParagraphFont"> which shall include the reasons for suspension and may include grounds for revocation under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-31"><span class="s2076327DefaultParagraphFont">58-29D-31</span></a><span xml:space="preserve" class="s2076327DefaultParagraphFont">. Any hearing under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-32"><span class="s2076327DefaultParagraphFont">58-29D-32</span></a><span xml:space="preserve" class="s2076327DefaultParagraphFont"> shall be held within thirty days of the date of the director's suspension.</span></p><p dir="ltr" class="s2076327Normal-000001"><span xml:space="preserve" class="s2076327DefaultParagraphFont">Any hearing under the provisions of this section shall be held pursuant to chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=1-26"><span class="s2076327DefaultParagraphFont">1-26</span></a><span xml:space="preserve" class="s2076327DefaultParagraphFont">. Nothing in this section or § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-31"><span class="s2076327DefaultParagraphFont">58-29D-31</span></a><span xml:space="preserve" class="s2076327DefaultParagraphFont"> applies to a renewal which is lapsed pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-29D-30"><span class="s2076327DefaultParagraphFont">58-29D-30</span></a><span class="s2076327DefaultParagraphFont">.</span></p><p dir="ltr" class="s2076327Normal"><span xml:space="preserve" class="s2076327000002"> </span></p><p dir="ltr" class="s2076327Normal"><span class="s2076327SCL">Source:</span><span xml:space="preserve" class="s2076327SCL-000003"> SL 2013, ch 253, § 4.</span></p></div></body></html>