Excess business defined

SDCL § 58-30-1.1 — under INSURANCE PRODUCERS.

SDCL § 58-30-1.1

Excess business is that portion of a risk which is in excess of the amount that an insurer then represented by the insurance producer will accept. Source: SL 1982, ch 365 , § 6; SL 2001, ch 286 , § 154.