South Dakota Codified Laws
Chapter 30 - Insurance Producers
Section 58-30-217 - Compliance with chapters 58-30 and 58-33--Travel insurance sales practices.

South Dakota Codified Laws

Title 58 - Insurance

Chapter 30 - Insurance Producers

Section 58-30-1.1 - "Excess business" defined.

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 58-30-8.1 - 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 58-30-20 - Licensing provisions inapplicable to title insurance.

Section 58-30-23.6 - Criminal files check.

Section 58-30-23.7 - Joint issuance of waivers.

Section 58-30-27 - Licenses to insurance producers of domestic insurer insuring members of armed forces and dependents outside territorial limits.

Section 58-30-29 - License not issued in trade name--Exception as to firm or corporation.

Section 58-30-31 - Firms and corporations--Business within scope of agreement or articles of incorporation.

Section 58-30-33 - Changes in personnel employed by firm--Notice to director.

Section 58-30-52 - Exemption from examination requirements.

Section 58-30-54 - Information to applicants as to subjects covered and reference sources.

Section 58-30-58 - Failure to pass examination--Waiting period for re-examination.

Section 58-30-68 - Limited lines insurance producer's license--Types of insurance.

Section 58-30-69 - Examination not required for travel insurance.

Section 58-30-73 - 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 58-30-84 - Travel insurance vending machines, approval by director.

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 58-30-95 - 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 58-30-108 - Suspension, revocation, or refusal to renew one license affects all other licenses of licensee.

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 58-30-150.1 - Incomplete application--Deemed withdrawn--Not a refusal or reportable administrative action.

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 58-30-209.1 - Application of travel insurance laws.

Section 58-30-209.2 - Licensed producers may sell travel insurance--Appointment not required.

Section 58-30-209.3 - Travel administrators.

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 58-30-212.1 - Required provisions and disclosures for travel insurance.

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--Services excluded.

Section 58-30-215.1 - Travel protection plans.

Section 58-30-215.2 - Travel insurance rates and policy forms--Eligibility, underwriting, distribution, and marketing.

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--Travel insurance sales practices.

Section 58-30-217.1 - Certain acts not unfair trade practices.

Section 58-30-218 - Promulgation of rules on training for travel retailer employees.