§ 58-30-1.1 “Excess business” defined
§ 58-30-1.2 “Rejected business” defined
§ 58-30-6 Appointment of insurance producer by insurer–Filing with director–Statement of kinds of insurance to be transacted–Payment of fee–Reasons for denying appointment
§ 58-30-8.1 Notice required for termination of agency contract for fire and casualty lines–Extension of coverage on previous policies
§ 58-30-8.2 Notice requirements inapplicable to exclusive agencies or termination for cause
§ 58-30-9 Rights of insurance producer following termination of appointment
§ 58-30-10 Rights of insurance producer after termination of appointment inapplicable to employer and employee relationship
§ 58-30-12.1 Excess or rejected life or health insurance or annuity risks–Placement by insurance producer licensed for life or health insurance
§ 58-30-20 Licensing provisions inapplicable to title insurance
§ 58-30-23.6 Criminal files check
§ 58-30-23.7 Joint issuance of waivers
§ 58-30-27 Licenses to insurance producers of domestic insurer insuring members of armed forces and dependents outside territorial limits
§ 58-30-29 License not issued in trade name–Exception as to firm or corporation
§ 58-30-31 Firms and corporations–Business within scope of agreement or articles of incorporation
§ 58-30-33 Changes in personnel employed by firm–Notice to director
§ 58-30-52 Exemption from examination requirements
§ 58-30-54 Information to applicants as to subjects covered and reference sources
§ 58-30-58 Failure to pass examination–Waiting period for re-examination
§ 58-30-68 Limited lines insurance producer’s license–Types of insurance
§ 58-30-69 Examination not required for travel insurance
§ 58-30-73 Refusal of temporary license where purpose unlawful
§ 58-30-74 Renewal of license or appointment–Fee
§ 58-30-74.1 Continuing appointments–Annual renewal fee
§ 58-30-74.2 Renewal of license by business entity
§ 58-30-74.3 Lapsing and reinstatement of license
§ 58-30-74.4 Designation of individual licensed insurance producer in business entity renewal application
§ 58-30-84 Travel insurance vending machines, approval by director
§ 58-30-88 Premiums received by agent as trust funds–Accounting and payment
§ 58-30-89 Misappropriation of funds by agent as theft
§ 58-30-90 Deposit of trust funds in separate account–Records and account
§ 58-30-91 Records to be maintained by insurance producer–Violation as misdemeanor
§ 58-30-92 Companies prohibited from issuing policy in this state except through licensed agent–Violation as misdemeanor
§ 58-30-93 Suspension or revocation of certificate for unauthorized issuance of policies
§ 58-30-95 Director as attorney for service of process on nonresident insurance producer
§ 58-30-96 Duration of appointment of director as attorney for service of process
§ 58-30-97 Service on director of process against nonresident insurance producer–Fee
§ 58-30-98 Receipt by director of process against nonresident insurance producer–Copy mailed to defendant
§ 58-30-99 Director’s record of process against nonresident insurance producers
§ 58-30-108 Suspension, revocation, or refusal to renew one license affects all other licenses of licensee
§ 58-30-110 Suspension, revocation, or refusal to renew license–Notice by director
§ 58-30-111 Waiting period for new license after revocation
§ 58-30-112 Licenses are property of South Dakota–Delivery to director on termination
§ 58-30-113 Affidavit as to lost, stolen, or destroyed license
§ 58-30-114 Continuing education requirements–Definitions
§ 58-30-115 Continuing education requirements–Exceptions
§ 58-30-115.1 Renewal of license by persons over age sixty-five
§ 58-30-115.2 Renewal of limited or restricted licenses
§ 58-30-116 Continuing education requirements–Minimum requirements–Furnishing evidence of completion
§ 58-30-117 Continuing education requirements–Rules
§ 58-30-118 Continuing education requirements–Approval of programs–Certification of hours
§ 58-30-119 Continuing education requirements–Extension of time
§ 58-30-120 Continuing education requirements–Prerequisite for license issuance or renewal–Exemptions
§ 58-30-121 Continuing education requirements–Additional fee for renewal of license
§ 58-30-122 Conduct of sponsors and instructors–Approval or disapproval by director–Rules
§ 58-30-123 Director’s action upon violation or nonconformity by sponsor or instructor
§ 58-30-124 Definition of terms
§ 58-30-125 Persons not managing general agents
§ 58-30-126 License required–Bond or errors and omissions policy
§ 58-30-127 Written contract between managing general agent and insurer
§ 58-30-128 Settling claims–Content of contract
§ 58-30-129 Sharing interim profits
§ 58-30-130 Restrictions on managing general agents
§ 58-30-131 Duties of insurer working with managing general agent
§ 58-30-132 Acts of managing general agent–Examination by director–Costs
§ 58-30-133 Penalties for violation by managing general agent
§ 58-30-134 Rights of policyholders, claimants, and auditors
§ 58-30-136 Utilization of managing general agent after July 1, 1992
§ 58-30-137 Filing and approval of contract
§ 58-30-139 “Qualified United States financial institution” defined
§ 58-30-140 Agents not to obtain loans from clients–Exceptions
§ 58-30-141 Application of reciprocity provisions to surplus lines brokers
§ 58-30-142 Definitions
§ 58-30-143 Sale, solicitation or negotiation limited to licensed line of insurance only
§ 58-30-144 License not required under certain circumstances
§ 58-30-144.1 License required for acting as consultant
§ 58-30-145 Written examination required for resident applicants
§ 58-30-146 Arrangements for administration of examinations and collection of fee
§ 58-30-147 Payment of examination fees required
§ 58-30-148 Resident application for insurance producer license–Requirements for application
§ 58-30-149 Application by business entity for insurance producer license–Requirements
§ 58-30-150 Verification of application information
§ 58-30-150.1 Incomplete application–Deemed withdrawn–Not a refusal or reportable administrative action
§ 58-30-151 Program of instruction required for licensed insurance producers–Approval by director
§ 58-30-152 Issuance of insurance producer license–Permitted lines of authority
§ 58-30-153 Term of insurance producer license
§ 58-30-154 Reinstatement of lapsed insurance producer license
§ 58-30-155 Waiver of insurance producer license renewal requirements
§ 58-30-156 Information contained on insurance producer license
§ 58-30-157 Notification of change of address by insurance producer
§ 58-30-158 Authority of director to contract with nongovernmental entities for ministerial functions relating to insurance producer licensing
§ 58-30-159 Requirements for nonresident insurance producer license
§ 58-30-160 Nonresident insurance producer required to hold equivalent license in home state
§ 58-30-161 Verification of nonresident’s licensing status
§ 58-30-162 Change of address required for interstate move
§ 58-30-163 Nonresident license applicant–Reciprocity–Exception
§ 58-30-164 Notification of use of assumed name by insurance producer
§ 58-30-165 Temporary insurance producer license
§ 58-30-166 Limits on temporary insurance producer license–Revocation of temporary license
§ 58-30-167 Causes for suspension, revocation, refusal to issue or renew license, or monetary penalty–Notice–Hearing–Final determination
§ 58-30-167.1 Termination of producer for receipt of hearing notice prohibited
§ 58-30-168 Written reasons for denial or nonrenewal required–Request for hearing–Notice of hearing
§ 58-30-169 Unreported knowledge by partners, officers, or managers of violation as grounds for penalty
§ 58-30-170 Authority of director to impose penalty or remedy
§ 58-30-171 Payment to unlicensed insurance producer prohibited
§ 58-30-171.1 Insurer may prohibit consultant fees
§ 58-30-172 Acceptance of payment by unlicensed insurance producer prohibited
§ 58-30-173 Renewal or deferred commissions approved if license held at time of transaction
§ 58-30-174 Payment, assignment, or sharing of commissions and fees–Limitations
§ 58-30-175 Requirements for acting as agent of insurer
§ 58-30-176 Appointment of insurance producer or business entity as agent of insurer–Submission of notice of appointment
§ 58-30-177 Verification of eligibility of insurance producer for appointment as agent of insurer
§ 58-30-178 Appointment fee required
§ 58-30-179 Renewal appointment fee
§ 58-30-180 Termination of relationship between insurer and insurance producer
§ 58-30-181 Prompt notification of additional information regarding termination of insurance producer
§ 58-30-182 Notification to insurance producer of termination by insurer
§ 58-30-183 Submission of written comments by insurance producer regarding termination
§ 58-30-184 Liability for information relating to termination
§ 58-30-185 Pleadings in action brought against provider of information regarding termination of insurance producer
§ 58-30-186 Application of common law to action regarding insurance producer’s termination
§ 58-30-187 Confidentiality of information gathered in termination investigation
§ 58-30-188 Testimony in private civil action prohibited
§ 58-30-189 Director’s duties in regard to confidential and privileged documents
§ 58-30-190 Waiver of privilege or claim of confidentiality
§ 58-30-191 Release of final orders allowed
§ 58-30-192 Penalties for failure to report
§ 58-30-193 Report by insurance producer of any administrative action taken against insurance producer
§ 58-30-194 Report by insurance producer of any felony criminal prosecution of insurance producer
§ 58-30-195 Promulgation of licensure rules
§ 58-30-196 Influencing witness testimony in examination or investigation
§ 58-30-197 Rental car insurance–Definition of terms
§ 58-30-198 Rental car insurance defined
§ 58-30-199 License needed for offering, selling, or soliciting purchase of rental car insurance
§ 58-30-200 Licensing of rental car agent for authorized rental car insurer
§ 58-30-201 Rental car company as limited lines insurance producer–License requirements
§ 58-30-202 Conditions for becoming endorsee authorized to offer, sell, or solicit rental car insurance
§ 58-30-203 Training of rental car insurance endorsee
§ 58-30-204 Expiration of rental car insurance endorsee license
§ 58-30-205 Retention of rental car insurance transaction records
§ 58-30-206 Rental car insurance agreement
§ 58-30-207 Rental car insurance advertising and compensation restrictions
§ 58-30-208 Revocation of rental car company license
§ 58-30-209 Definitions regarding travel insurance
§ 58-30-209.1 Application of travel insurance laws
§ 58-30-209.2 Licensed producers may sell travel insurance–Appointment not required
§ 58-30-209.3 Travel administrators
§ 58-30-210 Limited lines travel insurance producer license authorized
§ 58-30-211 Conditions for offering and disseminating travel insurance under business entity license
§ 58-30-212 Statements required in travel retailer’s written materials
§ 58-30-212.1 Required provisions and disclosures for travel insurance
§ 58-30-213 Limitations on travel retailer’s unlicensed employee or authorized representative
§ 58-30-214 Registered travel retailers authorized to offer and disseminate travel insurance and receive compensation
§ 58-30-215 Individual and group travel insurance policies authorized–Services excluded
§ 58-30-215.1 Travel protection plans
§ 58-30-215.2 Travel insurance rates and policy forms–Eligibility, underwriting, distribution, and marketing
§ 58-30-216 Limited lines travel insurance producer responsible for acts of travel retailer
§ 58-30-217.1 Certain acts not unfair trade practices
§ 58-30-218 Promulgation of rules on training for travel retailer employees
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Terms Used In South Dakota Codified Laws > Title 58 > Chapter 30 - Insurance Producers

  • Allegation: something that someone says happened.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
  • Children: includes children by birth and by adoption. See South Dakota Codified Laws 2-14-2
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Dependent: A person dependent for support upon another.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Fraud: Intentional deception resulting in injury to another.
  • Insurance business: includes the transaction of all matters pertaining to a contract of insurance, both before and after the effectuation of that contract, and all matters arising out of that contract or any claim thereunder. See South Dakota Codified Laws 58-1-2
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trustee: A person or institution holding and administering property in trust.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2