No domestic stock insurer, or any director, officer, or employee of such insurer subject to section one hereof, or any other person, may solicit, or permit the use of his name to solicit, by mail or otherwise, any proxy, consent, or authorization in respect of any stock of such insurer in contravention of this chapter.

Source: SL 1975, ch 16, § 1; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority: SDCL 58-4-1 , 58-5-49.

Law Implemented: SDCL 58-5-49.