Insurance producer or broker license required to solicit liability insurance for member of purchasing group

SDCL § 58-6A-19.6 — under RISK RETENTION GROUPS.

SDCL § 58-6A-19.6

No person, firm, association, or corporation may act or aid in any manner in soliciting, negotiating, or procuring liability insurance coverage in this state for any member of a purchasing group under a purchasing group's policy unless the person, firm, association, or corporation is licensed as an insurance producer in accordance with Title 58. Source: SL 1988, ch 392 , § 14; SL 2001, ch 286 , § 95.