South Dakota Statutes

§ 58-5-16 — Temporary insurance producer's licenses for solicitation of applications for mutual insurance--Issuance by director.

South Dakota § 58-5-16
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-16 (Temporary insurance producer's licenses for solicitation of applications for mutual insurance--Issuance by director.) 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 § 58-5-16 (2026).

Text

The director shall, upon the corporation's application therefor, issue temporary insurance producer's licenses for a period not exceeding six months for the solicitation of such applications to individuals qualifying for a resident insurance producer license except as to the taking or passing of an examination. The director may suspend or revoke any such license for any of the causes and pursuant to the same procedures as are applicable to suspension or revocation of licenses of insurance producers in general.

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Legislative History

SL 1966, ch 111, ch 16, § 11 (4); SL 2001, ch 286, § 69.

Nearby Sections

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Bluebook (online)
South Dakota § 58-5-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-16.