South Dakota Statutes

§ 58-32-6 — Unauthorized acts constituting misdemeanors--Additional forfeiture.

South Dakota § 58-32-6
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-32SURPLUS LINE INSURANCE

This text of South Dakota § 58-32-6 (Unauthorized acts constituting misdemeanors--Additional forfeiture.) 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 § 58-32-6 (2026).

Text

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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Legislative History

SL 1966, ch 111, ch 11, § 24; SL 1978, ch 359, § 2; SL 2001, ch 286, § 195.

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Bluebook (online)
South Dakota § 58-32-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-32-6.