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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 05 - Organization And General Powers Of Insurers
§ 58-5-127 Compensation for promoting bulk reinsurance by mutual insurer.
Universal Citation: SD Codified L § 58-5-127 (2019)
58-5-127. Compensation for promoting bulk reinsurance by mutual insurer. No director, officer, insurance producer, or employee of any insurer party to such reinsurance, nor any other person, may receive any fee, commission, or other valuable consideration whatsoever for in any manner aiding, promoting, or assisting therein except as set forth in the reinsurance agreement.
Source: SL 1966, ch 111, ch 16, § 41 (5); SL 2001, ch 286, § 72.
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