Licenses to individuals only--Examination waived for persons previously acting--Exemptions.

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58-22-5. Licenses to individuals only--Examination waived for persons previously acting--Exemptions.

No license may be issued except in compliance with this chapter and none may be issued except to an individual. However, any person performing the functions of a bail bondsperson or runner, within the definition of this chapter, on July 1, 1966, is not required to take an examination, but shall be issued a license upon making the application required by this chapter, and renewals shall be granted subject to the provisions of §§58-22-6, 58-22-19, and 58-22-21. The provisions of this chapter do not apply to the holder of a valid all lines fire and casualty insurance producer's license held prior to July 1, 1998.

A firm, partnership, association, or corporation, as such need not be licensed.

Source: SL 1966, ch 111, ch 31, §5; SL 1998, ch 296, §3; SL 2001, ch 286, §131.


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