An insurer may by contract prohibit an insurance producer from collecting a fee from an insurance customer for services provided as a consultant.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In South Dakota Codified Laws 58-30-171.1

  • Contract: A legal written agreement that becomes binding when signed.

Source: SL 2013, ch 255, § 3.