South Dakota Statutes
§ 58-32-6 — Unauthorized acts constituting misdemeanors--Additional forfeiture.
Unless performed by a licensed surplus line broker, the following acts are Class 2 misdemeanors if done in this state:
(1)Acting as insurance producer for a nonadmitted insurer in the transaction of insurance business in this state;
(2)In any manner advertising a nonadmitted insurer in this state;
(3)In any other manner aiding a nonadmitted insurer to transact insurance business in this state. In addition to any penalty provided for commission of misdemeanors, a person violating any provision of this section shall forfeit to this state the sum of five hundred dollars, together with one hundred dollars for each month or fraction thereof during which the person continues such violation.
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South Dakota § 58-32-6 (Unauthorized acts constituting misdemeanors--Additional forfeiture.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1966, ch 111, ch 11, § 24; SL 1978, ch 359, § 2; SL 2001, ch 286, § 195.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.