South Dakota Statutes

§ 58-33-36 — Illegal dealing in premiums and improper charges as misdemeanors.

South Dakota·Title 58 INSURANCE·Ch. 58-32 UNFAIR TRADE PRACTICES
No person may willfully collect as premium or charge for insurance any sum in excess of or less than the premium or charge applicable to such insurance, and as specified in the policy in accordance with the applicable classifications and rates as filed with and approved by the director; or, in cases where classifications, premiums, or rates are not required by this title to be so filed and approved, such premiums and charges may not be in excess of or less than those specified in the policy and as fixed by the insurer. Any violation of this section is a Class 2 misdemeanor. This section does not prohibit the charging and collection, by surplus line brokers licensed under chapter 58-32 , of the amount of applicable state and federal taxes in addition to the premium required by the insurer.

Free access — add to your briefcase to read the full text and ask questions with AI

South Dakota § 58-33-36 (Illegal dealing in premiums and improper charges as misdemeanors.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 13, § 20 (2); SL 1978, ch 359, § 2; SL 2001, ch 286, § 205.

Nearby Sections

15
View on official source ↗