Section 58-5-20 - Transaction of business without certificate of authority as misdemeanor.
58-5-20. Transaction of business without certificate of authority as misdemeanor. The corporation shall not transact business here as an insurer until it has received a certificate of authority as provided in this title. Violation of this section is a Class 2 misdemeanor.
Source: SL 1966, ch 111, ch 16, § 7 (4); SL 1978, ch 359, § 2.