South Dakota Statutes
§ 58-5-130 — Compensation for promoting merger or consolidation of stock insurers.
South Dakota § 58-5-130
This text of South Dakota § 58-5-130 (Compensation for promoting merger or consolidation of stock insurers.) 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 § 58-5-130 (2026).
Text
No director, officer, insurance producer, or employee of any insurer party to such merger or consolidation may receive any fee, commission, compensation, or other valuable consideration whatsoever for aiding, promoting, or assisting therein except as set forth in such plan and agreement.
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Legislative History
SL 1966, ch 111, ch 16, § 38 (3); SL 2001, ch 286, § 73.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-5-130, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-130.