Licenses to individuals only--Examination waived for persons previously acting--Exemptions

No license may be issued except in compliance with this chapter and none may be issued except to an individual. However, any person performing the functions of a bail bondsperson or runner, within the definition of this chapter, on July 1, 1966, is not required to take an examination, but shall be issued a license upon making the application required by this chapter, and renewals shall be granted subject to the provisions of §§ 58-22-6 , 58-22-19 , and 58-22-21 . The provisions of this chapter do not apply to the holder of a valid all lines fire and casualty insurance producer's license held prior to July 1, 1998. A firm, partnership, association, or corporation, as such need not be licensed. Source: SL 1966, ch 111 , ch 31, § 5; SL 1998, ch 296 , § 3; SL 2001, ch 286 , § 131.