South Dakota Codified Laws 58-33-25. Acceptance by insured of rebate, discount or special advantage as misdemeanor
Current as of: 2023 | Check for updates
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No insured named in a policy, nor any employee of such insured shall knowingly receive or accept directly or indirectly, any such rebate, discount, abatement, credit or reduction of premium, or any such special favor or advantage or valuable consideration or inducement. 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 13, § 16 (2); SL 1978, ch 359, § 2.