South Dakota Statutes

§ 58-30-166 — Limits on temporary insurance producer license--Revocation of temporary license.

South Dakota § 58-30-166
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-29FINSURANCE PRODUCERS

This text of South Dakota § 58-30-166 (Limits on temporary insurance producer license--Revocation of temporary license.) 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 § 58-30-166 (2026).

Text

The director may by order limit the authority of any temporary licensee in any way determined to be necessary to protect insureds and the public. The director may require the temporary licensee to be under the supervision of a licensed insurance producer or insurer who assumes responsibility for all acts of the temporary licensee and may impose other similar requirements designed to protect insureds and the public. The director may by order revoke a temporary license if the interest of insureds or the public are endangered. A temporary license does not continue after the owner or the personal representative disposes of the business.

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Legislative History

SL 2001, ch 286, § 26.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-30-166, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-30-166.