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2020 South Dakota Codified Laws
Title 58 - Insurance
Chapter 06 - Authority To Transact Insurance In State
Section 58-6-2 - Solicitation of insurance or transacting business in another state by insurer in this state without certificate of authority prohibited--Misdemeanor.
Universal Citation: SD Codified L § 58-6-2 (2020)
58-6-2. Solicitation of insurance or transacting business in another state by insurer in this state without certificate of authority prohibited--Misdemeanor.
No insurer shall from offices or by personnel or facilities located in this state solicit insurance applications or otherwise transact insurance in another state or country unless it holds a subsisting certificate of authority issued to it by the director authorizing it to transact the same kinds of insurance in this state. Violation of this section is a Class 2 misdemeanor.
Source: SL 1966, ch 111, ch 3, §1 (2); SL 1978, ch 359, §2.
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