58-30-207. Rental car insurance advertising and compensation restrictions.
No rental car agent may:
(1)Advertise, represent, or otherwise portray itself or any of its employees or agents as licensed insurers or insurance producers; or
(2)Pay any person, including a rental car agent endorsee, any compensation, fee, or commission that is dependent solely on the placement of insurance under the license issued pursuant to §§58-30-197 to 58-30-208, inclusive. Nothing in §§58-30-197 to 58-30-208, inclusive, prohibits production payments or incentive payments that are not dependent solely upon the sale of rental car insurance.
Source: SL 2001, ch 272, §11; SDCL §58-9-44; SL 2010, ch 233, §2.