58-8-1. Representing or aiding unauthorized insurer as misdemeanor.
No person may in this state, directly or indirectly, act as insurance producer for, or otherwise represent any insurer not then authorized to transact insurance business in this state, in the solicitation, negotiation, or effectuation of insurance or of annuity contracts, inspection of risks, fixing of rates, investigation or adjustment of losses, collection of premiums, or in any other manner in the transaction of insurance business with respect to subjects of insurance resident, located or to be performed in this state. Any violation of this section is a Class 2 misdemeanor.
Source: SL 1966, ch 111, ch 12, §1 (1); SL 1978, ch 359, §2; SL 2001, ch 286, §98.
Structure South Dakota Codified Laws
Chapter 08 - Unauthorized Insurers
Section 58-8-1 - Representing or aiding unauthorized insurer as misdemeanor.
Section 58-8-2 - Acts which do not constitute representing or aiding unauthorized insurer.
Section 58-8-3 - Advertising relating to unauthorized insurers as misdemeanor.
Section 58-8-6 - Unauthorized insurers--Purposes of Process Act.
Section 58-8-8 - Manner of service of process--Duties of director.
Section 58-8-9 - Notice by mail to insurer--Proof of service.
Section 58-8-10 - Service of process on agent of unauthorized insurer other than director.
Section 58-8-12 - Mode of service of process cumulative.
Section 58-8-17 - Exemptions from unauthorized insurers process provisions.
Section 58-8-18 - Uniformity of interpretation of chapter.
Section 58-8-19 - Citation of unauthorized insurers process provisions.