Insurance producer or broker license required for purchasing liability insurance from risk retention group

SDCL § 58-6A-19.4 — under RISK RETENTION GROUPS.

SDCL § 58-6A-19.4

No person, firm, association, or corporation may act or aid in any manner in soliciting, negotiating, or procuring liability insurance in this state from a risk retention group unless the person, firm, association, or corporation is licensed as an insurance producer in accordance with Title 58. Source: SL 1988, ch 392 , § 12; SL 2001, ch 286 , § 93.