South Dakota Statutes
§ 58-33-11 — Stock operations and advisory board contracts as inducement--Misdemeanor.
South Dakota § 58-33-11
This text of South Dakota § 58-33-11 (Stock operations and advisory board contracts as inducement--Misdemeanor.) 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 § 58-33-11 (2026).
Text
No person may issue or deliver or permit its insurance producers, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in any common law corporation, or any advisory board contract or other similar contract of any kind promising returns and profits as an inducement to insurance. Any violation of this section is a Class 2 misdemeanor.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1966, ch 111, ch 13, § 11; SL 1978, ch 359, § 2; SL 2001, ch 286, § 200.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-33-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-33-11.