South Dakota Statutes
§ 58-30-176 — Appointment of insurance producer or business entity as agent of insurer--Submission of notice of appointment.
To appoint an insurance producer or business entity as its agent, the appointing insurer shall file, in a format approved by the director, a notice of appointment within fifteen days from the date the agency contract is executed or the first insurance application is submitted. An insurer may also elect to appoint an insurance producer to all or some insurers within the insurer's holding company system or group by the filing of a single appointment request. The insurer is responsible for the acts of its representatives and insurance producers, including those acts where the insurance producer has solicited, sold, or negotiated insurance on behalf of that insurer prior to the date of appointment.
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South Dakota § 58-30-176 (Appointment of insurance producer or business entity as agent of insurer--Submission of notice of appointment.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Hass v. Wentzlaff
2012 S.D. 50 (South Dakota Supreme Court, 2012)
North Star Mutual Insurance Co. v. Rasmussen
2007 SD 55 (South Dakota Supreme Court, 2007)
Legislative History
SL 2001, ch 286, § 36.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.