Section 58-6-53 - Rights and obligations of insurer during suspension.
58-6-53. Rights and obligations of insurer during suspension. During the suspension period the insurer shall not solicit or write any new business in this state, but shall file its annual statement, pay fees, licenses, and taxes as required under this title, and may service its business already in force in this state, as if the certificate of authority had continued in full force.
Source: SL 1966, ch 111, ch 3, § 21 (2).