South Dakota Codified Laws 58-19-13. Premium rate not to exceed scheduled rate–Misdemeanor
Current as of: 2023 | Check for updates
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No insurer shall issue any credit life insurance policy or credit health insurance policy for which the premium rate exceeds that determined by the schedules of such insurer as then on file with the director. Violation of this section is a Class 2 misdemeanor.
Attorney's Note
Under the South Dakota Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class 2 misdemeanor | up to 30 days | up to $500 |
Source: SL 1966, ch 111, ch 27, § 8 (1); SL 1978, ch 359, § 2.