South Dakota Statutes
§ 58-29D-26 — Conditions not requiring license.
An administrator is not required to hold a license as an administrator in this state if all of the following conditions are met:
(1)The administrator has its principal place of business in another state;
(2)The administrator is not soliciting business as an administrator in this state;
(3)In the case of any group policy or plan of insurance serviced by the administrator and less than one hundred certificate holders reside in this state.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 58-29D-26 (Conditions not requiring license.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1992, ch 352, § 26.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.