South Dakota § 58-30-155 Waiver of insurance producer license renewal requirements.

South Dakota Statutes

§ 58-30-155 — Waiver of insurance producer license renewal requirements.

South Dakota § 58-30-155

Title 58INSURANCE

Ch. 58-29FINSURANCE PRODUCERS

This text of South Dakota § 58-30-155 (Waiver of insurance producer license renewal requirements.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 58-30-155 (2026).

Text

A licensed insurance producer who is unable to comply with license renewal procedures due to military service or some other extenuating circumstance, such as a long - term medical disability, may request a waiver of those procedures. The producer may also request a waiver of any examination requirement or any other monetary penalty or sanction imposed for failure to comply with renewal procedures. The director may promulgate rules pursuant to chapter 1-26 for determining what constitutes extenuating circumstances if the director finds that application of this section or the imposition of sanctions would create an unreasonable hardship.

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A licensed insurance producer who is unable to comply with license renewal procedures due to military service or some other extenuating circumstance, such as a long - term medical disability, may request a waiver of those procedures. The producer may also request a waiver of any examination requirement or any other monetary penalty or sanction imposed for failure to comply with renewal procedures. The director may promulgate rules pursuant to chapter 1-26 for determining what constitutes extenuating circumstances if the director finds that application of this section or the imposition of sanctions would create an unreasonable hardship.