2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 06A - Risk Retention Groups
§ 58-6A-22 Broker license--Waiver of residency requirements.

58-6A-22. Broker license--Waiver of residency requirements. Any person acting, or offering to act, as an insurance producer for a risk retention group or purchasing group, which solicits members, sells insurance coverage, purchases coverage for its members located within this state, or otherwise does business in this state shall, before commencing any such activity, obtain a license from the Division of Insurance. The residency requirements shall be waived for any insurance producer license issued under this chapter.

Source: SL 1987, ch 372, § 22; SL 2001, ch 286, § 97.

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