False certificate by broker--Failure to notify insured as to material change--Misdemeanor.

1. Law
2. South Dakota Codified Laws
3. Insurance
4. Surplus Line Insurance
5. False certificate by broker--Failure to notify insured as to material change--Misdemeanor.

58-32-30. False certificate by broker--Failure to notify insured as to material change--Misdemeanor.

Any surplus line broker who knowingly or negligently issues a false certificate, or who fails promptly to notify the insured of any material change with respect to such insurance by delivery to the insured of a substitute certificate as provided in §58-32-29, commits a Class 2 misdemeanor.

Source: SL 1966, ch 111, ch 11, §8 (5); SL 1978, ch 359, §2.

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