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South Dakota Codified Laws
Insurance
Insurance Producers
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Section
58-30-1
58-30-1.Repealed by SL 2004, ch 295, §4
Section
58-30-1.1
"Excess business" defined.
Section
58-30-1.2
"Rejected business" defined.
Section
58-30-2
58-30-2.Repealed by SL 1982, ch 365, §8
Section
58-30-2.1
58-30-2.1.Repealed by SL 2002, ch 240, §2
Section
58-30-3
58-30-3, 58-30-4.Repealed by SL 1982, ch 365, §§10, 11
Section
58-30-5
58-30-5, 58-30-5.1.Repealed by SL 2001, ch 286, §§228, 229
Section
58-30-6
Appointment of insurance producer by insurer--Filing with director--Statement of kinds of insurance to be transacted--Payment of fee--Reasons for denying appointment.
Section
58-30-7
58-30-7.Repealed by SL 1996, ch 300, §1
Section
58-30-8
58-30-8.Repealed by SL 2010, ch 233, §3.
Section
58-30-8.1
Notice required for termination of agency contract for fire and casualty lines--Extension of coverage on previous policies.
Section
58-30-8.2
Notice requirements inapplicable to exclusive agencies or termination for cause.
Section
58-30-9
Rights of insurance producer following termination of appointment.
Section
58-30-10
Rights of insurance producer after termination of appointment inapplicable to employer and employee relationship.
Section
58-30-11
58-30-11.Repealed by SL 1995, ch 289, §4
Section
58-30-12
58-30-12.Repealed by SL 2001, ch 286, §230
Section
58-30-12.1
Excess or rejected life or health insurance or annuity risks--Placement by insurance producer licensed for life or health insurance.
Section
58-30-13
58-30-13 to 58-30-19.Repealed by SL 2001, ch 286, §§231 to 237
Section
58-30-20
Licensing provisions inapplicable to title insurance.
Section
58-30-21
58-30-21 to 58-30-23.5.Repealed by SL 2001, ch 286, §§238 to 245
Section
58-30-23.6
Criminal files check.
Section
58-30-23.7
Joint issuance of waivers.
Section
58-30-24
58-30-24.Repealed by SL 1977, ch 414, §3
Section
58-30-25
58-30-25.Repealed by SL 2001, ch 286, §246
Section
58-30-26
58-30-26.Repealed by SL 1988, ch 406
Section
58-30-27
Licenses to insurance producers of domestic insurer insuring members of armed forces and dependents outside territorial limits.
Section
58-30-28
58-30-28.Repealed by SL 2001, ch 286, §247
Section
58-30-29
License not issued in trade name--Exception as to firm or corporation.
Section
58-30-30
58-30-30.Repealed by SL 1981, ch 364, §1
Section
58-30-31
Firms and corporations--Business within scope of agreement or articles of incorporation.
Section
58-30-32
58-30-32.Repealed by SL 2001, ch 286, §248
Section
58-30-33
Changes in personnel employed by firm--Notice to director.
Section
58-30-34
58-30-34, 58-30-35.Repealed by SL 1978, ch 365, §§2, 3
Section
58-30-36
58-30-36 to 58-30-44.Repealed by SL 2001, ch 286, §§249 to 257
Section
58-30-45
58-30-45.Repealed by SL 1978, ch 365, §5
Section
58-30-46
58-30-46.Repealed by SL 1983, ch 14, §21; SL 1983, ch 378, §3
Section
58-30-47
58-30-47.Repealed by SL 2001, ch 286, §258
Section
58-30-48
58-30-48.Repealed by SL 1978, ch 365, §7
Section
58-30-49
58-30-49, 58-30-50.Repealed by SL 2001, ch 286, §§259, 260
Section
58-30-50.1
58-30-50.1.Repealed by SL 1995, ch 289, §2
Section
58-30-51
58-30-51.Repealed by SL 1978, ch 365, §8
Section
58-30-52
Exemption from examination requirements.
Section
58-30-53
58-30-53.Repealed by SL 2001, ch 286, §261
Section
58-30-54
Information to applicants as to subjects covered and reference sources.
Section
58-30-55
58-30-55.Repealed by SL 2001, ch 286, §262
Section
58-30-56
58-30-56.Repealed by SL 1981, ch 365
Section
58-30-57
58-30-57.Repealed by SL 2001, ch 286, §263
Section
58-30-58
Failure to pass examination--Waiting period for re-examination.
Section
58-30-59
58-30-59.Repealed by SL 2001, ch 286, §264
Section
58-30-60
58-30-60.Repealed by SL 1984, ch 329
Section
58-30-61
58-30-61, 58-30-62.Repealed by SL 2001, ch 286, §§265, 266
Section
58-30-63
58-30-63 to 58-30-67.Repealed by SL 1978, ch 365, §§11 to 15
Section
58-30-68
Limited lines insurance producer's license--Types of insurance.
Section
58-30-69
Examination not required for travel insurance.
Section
58-30-70
58-30-70.Repealed by SL 1982, ch 365, §14
Section
58-30-71
58-30-71.Repealed by SL 1991, ch 405, §1
Section
58-30-71.1
58-30-71.1.Repealed by SL 2001, ch 286, §267
Section
58-30-72
58-30-72.Repealed by SL 1975, ch 310
Section
58-30-73
Refusal of temporary license where purpose unlawful.
Section
58-30-74
Renewal of license or appointment--Fee.
Section
58-30-74.1
Continuing appointments--Annual renewal fee.
Section
58-30-74.2
Renewal of license by business entity.
Section
58-30-74.3
Lapsing and reinstatement of license.
Section
58-30-74.4
Designation of individual licensed insurance producer in business entity renewal application.
Section
58-30-75
58-30-75 to 58-30-77.Repealed by SL 2001, ch 286, §§268 to 270
Section
58-30-78
58-30-78.Obsolete
Section
58-30-79
58-30-79, 58-30-80.Repealed by SL 2001, ch 286, §§271, 272
Section
58-30-81
58-30-81 to 58-30-83.Repealed by SL 1978, ch 365, §§19 to 21
Section
58-30-84
Travel insurance vending machines, approval by director.
Section
58-30-85
58-30-85 to 58-30-87.Repealed by SL 2001, ch 286, §§273 to 275
Section
58-30-88
Premiums received by agent as trust funds--Accounting and payment.
Section
58-30-89
Misappropriation of funds by agent as theft.
Section
58-30-90
Deposit of trust funds in separate account--Records and account.
Section
58-30-91
Records to be maintained by insurance producer--Violation as misdemeanor.
Section
58-30-92
Companies prohibited from issuing policy in this state except through licensed agent--Violation as misdemeanor.
Section
58-30-93
Suspension or revocation of certificate for unauthorized issuance of policies.
Section
58-30-94
58-30-94.Repealed by SL 2001, ch 286, §276
Section
58-30-95
Director as attorney for service of process on nonresident insurance producer.
Section
58-30-96
Duration of appointment of director as attorney for service of process.
Section
58-30-97
Service on director of process against nonresident insurance producer--Fee.
Section
58-30-98
Receipt by director of process against nonresident insurance producer--Copy mailed to defendant.
Section
58-30-99
Director's record of process against nonresident insurance producers.
Section
58-30-100
58-30-100.Repealed by SL 2010, ch 233, §6.
Section
58-30-101
58-30-101.Repealed by SL 2001, ch 286, §277
Section
58-30-102
58-30-102.Repealed by SL 1982, ch 365, §17
Section
58-30-103
58-30-103.Repealed by SL 2001, ch 286, §278
Section
58-30-104
58-30-104.Repealed by SL 2010, ch 241, §3.
Section
58-30-105
58-30-105 to 58-30-107.Repealed by SL 2001, ch 286, §§279 to 281
Section
58-30-108
Suspension, revocation, or refusal to renew one license affects all other licenses of licensee.
Section
58-30-109
58-30-109.Repealed by SL 1978, ch 365, §23
Section
58-30-110
Suspension, revocation, or refusal to renew license--Notice by director.
Section
58-30-111
Waiting period for new license after revocation.
Section
58-30-112
Licenses are property of South Dakota--Delivery to director on termination.
Section
58-30-113
Affidavit as to lost, stolen, or destroyed license.
Section
58-30-114
Continuing education requirements--Definitions.
Section
58-30-115
Continuing education requirements--Exceptions.
Section
58-30-115.1
Renewal of license by persons over age sixty-five.
Section
58-30-115.2
Renewal of limited or restricted licenses.
Section
58-30-116
Continuing education requirements--Minimum requirements--Furnishing evidence of completion.
Section
58-30-117
Continuing education requirements--Rules.
Section
58-30-118
Continuing education requirements--Approval of programs--Certification of hours.
Section
58-30-119
Continuing education requirements--Extension of time.
Section
58-30-120
Continuing education requirements--Prerequisite for license issuance or renewal--Exemptions.
Section
58-30-121
Continuing education requirements--Additional fee for renewal of license.
Section
58-30-122
Conduct of sponsors and instructors--Approval or disapproval by director--Rules.
Section
58-30-123
Director's action upon violation or nonconformity by sponsor or instructor.
Section
58-30-124
Definition of terms.
Section
58-30-125
Persons not managing general agents.
Section
58-30-126
License required--Bond or errors and omissions policy.
Section
58-30-127
Written contract between managing general agent and insurer.
Section
58-30-128
Settling claims--Content of contract.
Section
58-30-129
Sharing interim profits.
Section
58-30-130
Restrictions on managing general agents.
Section
58-30-131
Duties of insurer working with managing general agent.
Section
58-30-132
Acts of managing general agent--Examination by director--Costs.
Section
58-30-133
Penalties for violation by managing general agent.
Section
58-30-134
Rights of policyholders, claimants, and auditors.
Section
58-30-135
Rules for implementation and administration of §§ 58-30-124 to 58-30-139.
Section
58-30-136
Utilization of managing general agent after July 1, 1992.
Section
58-30-137
Filing and approval of contract.
Section
58-30-138
Application of §§ 58-30-124 to 58-30-139.
Section
58-30-139
"Qualified United States financial institution" defined.
Section
58-30-140
Agents not to obtain loans from clients--Exceptions.
Section
58-30-141
Application of reciprocity provisions to surplus lines brokers.
Section
58-30-142
Definitions.
Section
58-30-143
Sale, solicitation or negotiation limited to licensed line of insurance only.
Section
58-30-144
License not required under certain circumstances.
Section
58-30-144.1
License required for acting as consultant.
Section
58-30-145
Written examination required for resident applicants.
Section
58-30-146
Arrangements for administration of examinations and collection of fee.
Section
58-30-147
Payment of examination fees required.
Section
58-30-148
Resident application for insurance producer license--Requirements for application.
Section
58-30-149
Application by business entity for insurance producer license--Requirements.
Section
58-30-150
Verification of application information.
Section
58-30-151
Program of instruction required for licensed insurance producers--Approval by director.
Section
58-30-152
Issuance of insurance producer license--Permitted lines of authority.
Section
58-30-153
Term of insurance producer license.
Section
58-30-154
Reinstatement of lapsed insurance producer license.
Section
58-30-155
Waiver of insurance producer license renewal requirements.
Section
58-30-156
Information contained on insurance producer license.
Section
58-30-157
Notification of change of address by insurance producer.
Section
58-30-158
Authority of director to contract with nongovernmental entities for ministerial functions relating to insurance producer licensing.
Section
58-30-159
Requirements for nonresident insurance producer license.
Section
58-30-160
Nonresident insurance producer required to hold equivalent license in home state.
Section
58-30-161
Verification of nonresident's licensing status.
Section
58-30-162
Change of address required for interstate move.
Section
58-30-163
Nonresident license applicant--Reciprocity--Exception.
Section
58-30-164
Notification of use of assumed name by insurance producer.
Section
58-30-165
Temporary insurance producer license.
Section
58-30-166
Limits on temporary insurance producer license--Revocation of temporary license.
Section
58-30-167
Causes for suspension, revocation, refusal to issue or renew license, or monetary penalty--Notice--Hearing--Final determination.
Section
58-30-167.1
Termination of producer for receipt of hearing notice prohibited.
Section
58-30-168
Written reasons for denial or nonrenewal required--Request for hearing--Notice of hearing.
Section
58-30-169
Unreported knowledge by partners, officers, or managers of violation as grounds for penalty.
Section
58-30-170
Authority of director to impose penalty or remedy.
Section
58-30-171
Payment to unlicensed insurance producer prohibited.
Section
58-30-171.1
Insurer may prohibit consultant fees.
Section
58-30-172
Acceptance of payment by unlicensed insurance producer prohibited.
Section
58-30-173
Renewal or deferred commissions approved if license held at time of transaction.
Section
58-30-174
Payment, assignment, or sharing of commissions and fees--Limitations.
Section
58-30-175
Requirements for acting as agent of insurer.
Section
58-30-176
Appointment of insurance producer or business entity as agent of insurer--Submission of notice of appointment.
Section
58-30-177
Verification of eligibility of insurance producer for appointment as agent of insurer.
Section
58-30-178
Appointment fee required.
Section
58-30-179
Renewal appointment fee.
Section
58-30-180
Termination of relationship between insurer and insurance producer.
Section
58-30-181
Prompt notification of additional information regarding termination of insurance producer.
Section
58-30-182
Notification to insurance producer of termination by insurer.
Section
58-30-183
Submission of written comments by insurance producer regarding termination.
Section
58-30-184
Liability for information relating to termination.
Section
58-30-185
Pleadings in action brought against provider of information regarding termination of insurance producer.
Section
58-30-186
Application of common law to action regarding insurance producer's termination.
Section
58-30-187
Confidentiality of information gathered in termination investigation.
Section
58-30-188
Testimony in private civil action prohibited.
Section
58-30-189
Director's duties in regard to confidential and privileged documents.
Section
58-30-190
Waiver of privilege or claim of confidentiality.
Section
58-30-191
Release of final orders allowed.
Section
58-30-192
Penalties for failure to report.
Section
58-30-193
Report by insurance producer of any administrative action taken against insurance producer.
Section
58-30-194
Report by insurance producer of any felony criminal prosecution of insurance producer.
Section
58-30-195
Promulgation of licensure rules.
Section
58-30-196
Influencing witness testimony in examination or investigation.
Section
58-30-197
Rental car insurance--Definition of terms.
Section
58-30-198
Rental car insurance defined.
Section
58-30-199
License needed for offering, selling, or soliciting purchase of rental car insurance.
Section
58-30-200
Licensing of rental car agent for authorized rental car insurer.
Section
58-30-201
Rental car company as limited lines insurance producer--License requirements.
Section
58-30-202
Conditions for becoming endorsee authorized to offer, sell, or solicit rental car insurance.
Section
58-30-203
Training of rental car insurance endorsee.
Section
58-30-204
Expiration of rental car insurance endorsee license.
Section
58-30-205
Retention of rental car insurance transaction records.
Section
58-30-206
Rental car insurance agreement.
Section
58-30-207
Rental car insurance advertising and compensation restrictions.
Section
58-30-208
Revocation of rental car company license.
Section
58-30-209
Definitions regarding travel insurance.
Section
58-30-210
Limited lines travel insurance producer license authorized.
Section
58-30-211
Conditions for offering and disseminating travel insurance under business entity license.
Section
58-30-212
Statements required in travel retailer's written materials.
Section
58-30-213
Limitations on travel retailer's unlicensed employee or authorized representative.
Section
58-30-214
Registered travel retailers authorized to offer and disseminate travel insurance and receive compensation.
Section
58-30-215
Individual and group travel insurance policies authorized.
Section
58-30-216
Limited lines travel insurance producer responsible for acts of travel retailer.
Section
58-30-217
Compliance with chapters 58-30 and 58-33.
Section
58-30-218
Promulgation of rules on training for travel retailer employees.