South Dakota Statutes

§ 58-6-2 — Solicitation of insurance or transacting business in another state by insurer in this state without certificate of authority prohibited--Misdemeanor.

South Dakota·Title 58 INSURANCE·Ch. 58-5C AUTHORITY TO TRANSACT INSURANCE IN STATE
No insurer shall from offices or by personnel or facilities located in this state solicit insurance applications or otherwise transact insurance in another state or country unless it holds a subsisting certificate of authority issued to it by the director authorizing it to transact the same kinds of insurance in this state. Violation of this section is a Class 2 misdemeanor.

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South Dakota § 58-6-2 (Solicitation of insurance or transacting business in another state by insurer in this state without certificate of authority prohibited--Misdemeanor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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

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