Section 58-5-113 - Illegal dividends--Revocation or suspension of certificate of authority.
58-5-113. Illegal dividends--Revocation or suspension of certificate of authority. The director may revoke or suspend the certificate of authority of an insurer which has declared or paid a dividend contrary to the general corporation laws of this state.
Source: SL 1966, ch 111, ch 16, § 33.