South Dakota Statutes

§ 58-30-160 — Nonresident insurance producer required to hold equivalent license in home state.

South Dakota § 58-30-160
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-29FINSURANCE PRODUCERS

This text of South Dakota § 58-30-160 (Nonresident insurance producer required to hold equivalent license in home state.) 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 § 58-30-160 (2026).

Text

A licensee as nonresident insurance producer shall at all times be qualified for and hold in the licensee's home state of domicile the license of that home state as a resident insurance producer covering all kinds of insurance covered or to be covered under the South Dakota nonresident license. A hearing is not necessary in order to revoke, suspend, terminate, or nonrenew a nonresident insurance producer's license in this state if that insurance producer no longer has a producer license in the insurance producer's home state of domicile.

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Legislative History

SL 2001, ch 286, § 20; SL 2002, ch 240, § 7.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-30-160, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-30-160.