™Your Policy Risk Impact Agent
79 chapters · 3,425 sections in this title.
SDCL § 58-30-84 Travel insurance vending machines, approval by director
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An insurance producer licensed as to limited lines insurance or limited lines credit insurance may solicit applications for and issue policies of personal travel accident insurance by means of mechanical vending machines and kiosks supervised by the insurance producer and placed …
SDCL § 58-30-88 Premiums received by agent as trust funds--Accounting and payment
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All premiums or return premiums received by an insurance producer shall be trust funds received by the licensee in a fiduciary capacity, and the insurance producer or soliciting insurance producer shall account for and pay the same to the insured, insurer, or insurance producer e…
SDCL § 58-30-89 Misappropriation of funds by agent as theft
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Any agent or soliciting agent who, not being lawfully entitled thereto, diverts or appropriates trust funds referred to in § 58-30-88 or any portion thereof to his own use shall upon conviction be guilty of theft and shall be punished as provided by law. Source: SL 1966, ch 111 ,…
SDCL § 58-30-9 Rights of insurance producer following termination of appointment
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Following termination of an agency appointment as to property, casualty, or surety insurance, and subject to the terms of any agreement between the insurance producer and the insurer, the insurance producer may continue to service and receive from the insurer commissions or other…
