South Dakota Statutes

§ 58-6-1 — Certificate of authority required for transaction of insurance business--Exceptions--Violation as misdemeanor.

South Dakota·Title 58 INSURANCE·Ch. 58-5C AUTHORITY TO TRANSACT INSURANCE IN STATE
No person may act as an insurer and no insurer or its insurance producers, attorneys, subscribers, or representatives may directly transact insurance in this state except as authorized by a subsisting certificate of authority issued to the insurer by the director, except as to such transactions as are expressly otherwise provided for in this title. Any violation of this section is a Class 2 misdemeanor.

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South Dakota § 58-6-1 (Certificate of authority required for transaction of insurance business--Exceptions--Violation as misdemeanor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 3, § 1 (1); SL 1978, ch 359, § 2; SL 2001, ch 286, § 75.

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