South Dakota Statutes

§ 58-30-207 — Rental car insurance advertising and compensation restrictions.

South Dakota·Title 58 INSURANCE·Ch. 58-29F INSURANCE PRODUCERS

No rental car agent may:

(1)Advertise, represent, or otherwise portray itself or any of its employees or agents as licensed insurers or insurance producers; or (2) Pay any person, including a rental car agent endorsee, any compensation, fee, or commission that is dependent solely on the placement of insurance under the license issued pursuant to §§ 58-30-197 to 58-30-208 , inclusive. Nothing in §§ 58-30-197 to 58-30-208 , inclusive, prohibits production payments or incentive payments that are not dependent solely upon the sale of rental car insurance.

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South Dakota § 58-30-207 (Rental car insurance advertising and compensation restrictions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2001, ch 272, § 11; SDCL § 58-9-44; SL 2010, ch 233, § 2.

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