Section 58-11-31 - Extension or renewal of binder--Approval of director.

58-11-31. Extension or renewal of binder--Approval of director. If the policy has not been issued a binder may be extended or renewed beyond such ninety days with the written approval of the director, or in accordance with such rules and regulations relative thereto as the director may promulgate.

Source: SL 1966, ch 111, ch 22, § 24 (3).