reglab/housing_qa huggingface dataset:
SD Codified L § 58-30-138 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-138 - Application of §§ 58-30-124 to 58-30-139.

58-30-138. Application of §§58-30-124 to 58-30-139.Sections 58-30-124 to 58-30-139, inclusive, apply to all persons doing insurance business notwithstanding any provision exempting them from other insurance laws except any insurer licensed pursuant to chapter 58-35 which does not have more than one million dollars in direct written premiums and more than one thousand policyholders in any calendar year. Source: SL 1992, ch 353, §15.
SD Codified L § 58-30-139 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-139 - "Qualified United States financial institution" defined.

58-30-139. Qualified United States financial institution defined.The term, a qualified United States financial institution, means an institution that:(1)Is organized or, in the case of a United States office of a foreign banking organization, licensed under the laws of the United States or any state thereof;(2)Is regulated, supervised, and examined by United States federal or state authorities having regulatory authority over banks and trust companies; and(3)Has been determined by either the director, or the Securities Valuation Office of the National Association of Insurance Commissioners, to meet such standards of financial condition and standing as are considered necessary and appropriate to regulate the quality of financial institutions whose letters of credit will be acceptable to the director. Source: SL 1992, ch 353, §16.
SD Codified L § 58-30-140 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-140 - Agents not to obtain loans from clients--Exceptions.

58-30-140. Agents not to obtain loans from clients--Exceptions.No insurance producer may obtain a loan from an existing or former client, other than a lending institution authorized by state or federal law, unless there is a written contract establishing the terms for repayment of the loan and the contract is filed with the division within thirty days of its effective date. This section does not apply to any loans transacted between an insurance producer and that insurance producer's spouse, parents, children, aunts, uncles, or grandparents. Source: SL 1999, ch 257, §1; SL 2001, ch 286, §192.
SD Codified L § 58-30-141 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-141 - Application of reciprocity provisions to surplus lines brokers.

58-30-141. Application of reciprocity provisions to surplus lines brokers.Except as to the underlying requirements of a surplus lines broker holding an insurance producer license in the applicable lines and except as provided in §§58-30-159 to 58-30-162, inclusive, §§58-30-142 to 58-30-195, inclusive, do not apply to surplus lines brokers licensed pursuant to chapter 58-32. Source: SL 2001, ch 286, §1.
SD Codified L § 58-30-143 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-143 - Sale, solicitation or negotiation limited to licensed line of insurance only.

58-30-143. Sale, solicitation or negotiation limited to licensed line of insurance only.No person may sell, solicit, or negotiate insurance in this state for any line of insurance unless the person is licensed for that line of authority in accordance with §§58-30-141 to 58-30-195, inclusive. Source: SL 2001, ch 286, §3.
SD Codified L § 58-30-144.1 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-144.1 - License required for acting as consultant.

58-30-144.1. License required for acting as consultant.Any person acting as a consultant shall be licensed as an agent pursuant to this chapter. A consultant may collect a fee from an insurance customer for services provided as a consultant but may not collect a fee for any insurance placed with that insurance customer if a commission is payable to that consultant. A consultant may act as a consultant and collect a fee from an insurance customer and also receive a commission for insurance sold, solicited, or negotiated with that same insurance customer provided that the fee and commission are for separate and distinct insurance products. The term, fee, as used in this section, does not include a fee that is payable pursuant to the terms or conditions of an insurance policy, contract, or certificate or that are required to be paid for reasons other than the services provided by the consultant.A separate license for acting as a consultant is not required of a licensed agent. Any consultant collecting a fee from an insurance customer shall set forth the fee to be charged to that insurance customer and the terms and conditions of the services provided to that insurance customer in the form of a written agreement with that insurance customer. Source: SL 2013, ch 255, §2.
SD Codified L § 58-30-145 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-145 - Written examination required for resident applicants.

58-30-145. Written examination required for resident applicants.A resident individual applying for an insurance producer license shall pass a written examination unless exempt pursuant to §58-30-52. The examination shall test the knowledge of the individual concerning the lines of authority for which application is made, the duties and responsibilities of an insurance producer, and the insurance laws and rules of this state. Source: SL 2001, ch 286, §5.
SD Codified L § 58-30-146 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-146 - Arrangements for administration of examinations and collection of fee.

58-30-146. Arrangements for administration of examinations and collection of fee.The director may make arrangements, including contracting with an outside testing service, for administering examinations and collecting the fee set forth in §58-2-29. Source: SL 2001, ch 286, §6.
SD Codified L § 58-30-147 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-147 - Payment of examination fees required.

58-30-147. Payment of examination fees required.Each individual applying for an examination shall remit a fee as prescribed by the director as set forth in §58-2-29 and pay any fees charged by the outside testing service. Source: SL 2001, ch 286, §7.
SD Codified L § 58-30-148 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-148 - Resident application for insurance producer license--Requirements for application.

58-30-148. Resident application for insurance producer license--Requirements for application.A person applying for a resident insurance producer license shall make application to the director on an application form or format as prescribed by the director and declare under penalty of refusal, suspension, or revocation of the license that the statements made in the application are true, correct, and complete to the best of the individual's knowledge and belief. The director shall consider the use of a uniform application form or format.Before approving the application, the director shall find that the individual:(1)Is at least eighteen years of age;(2)Has not committed any act that is a ground for denial, suspension, or revocation set forth in §58-30-167;(3)Has paid the fees set forth in §58-2-29; and(4)Has successfully passed the examinations for the lines of authority for which the person has applied. Source: SL 2001, ch 286, §8; SL 2002, ch 240, §6.
SD Codified L § 58-30-149 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-149 - Application by business entity for insurance producer license--Requirements.

58-30-149. Application by business entity for insurance producer license--Requirements.A business entity acting as an insurance producer is required to obtain an insurance producer license. Application shall be made using a form or format prescribed by the director. The director shall consider the use of a uniform form or format. Before approving the application, the insurance director shall find that the business entity has paid the fees set forth in §58-2-29. Source: SL 2001, ch 286, §9; SL 2007, ch 291, §1.
SD Codified L § 58-30-150 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-150 - Verification of application information.

58-30-150. Verification of application information.The director may require any documents reasonably necessary to verify the information contained in an application. Source: SL 2001, ch 286, §10.
SD Codified L § 58-30-151 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-151 - Program of instruction required for licensed insurance producers--Approval by director.

58-30-151. Program of instruction required for licensed insurance producers--Approval by director.Each insurer that sells, solicits, or negotiates any form of limited line credit insurance shall provide a program of instruction to each business entity acting as a licensed insurance producer for the insurer. Using the insurer's program of instruction, the insurer or the business entity shall train any employee of the business entity whose duties include selling, soliciting, or negotiating limited credit line insurance. Upon request by the director, the program of instruction is subject to approval by the director. Source: SL 2001, ch 286, §11.
SD Codified L § 58-30-152 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-152 - Issuance of insurance producer license--Permitted lines of authority.

58-30-152. Issuance of insurance producer license--Permitted lines of authority.Unless denied licensure pursuant to §58-30-167, any person who has met the requirements of §§58-30-145 to 58-30-151, inclusive, shall be issued an insurance producer license. An insurance producer may receive qualification for a license in one or more of the following lines of authority:(1)Life--insurance coverage on human lives including benefits of endowment and annuities and may include benefits in the event of death or dismemberment by accident and benefits for disability income;(2)Accident and health or sickness--insurance coverage for sickness, bodily injury, or accidental death and may include benefits in the event of death or dismemberment by accident and for disability income;(3)Property--insurance coverage for the direct or consequential loss or damage to property of every kind;(4)Casualty--insurance coverage against legal liability, including that for death, injury, or disability, damage to real or personal property, or fidelity and surety bonds;(5)Variable life and variable annuity products--insurance coverage provided under variable life insurance contracts and variable annuities;(6)Personal lines--property and casualty insurance coverage sold to individuals and families for primarily noncommercial purposes;(7)Limited lines;(8)Any other line of insurance permitted under state laws or rules. Source: SL 2001, ch 286, §12; SL 2010, ch 233, §12.
SD Codified L § 58-30-153 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-153 - Term of insurance producer license.

58-30-153. Term of insurance producer license.An insurance producer license shall remain in effect unless revoked, suspended, or expired as long as the fee set forth in §58-2-29 is paid and the education requirements for resident individual insurance producers are met by the due date. Source: SL 2001, ch 286, §13.
SD Codified L § 58-30-154 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-154 - Reinstatement of lapsed insurance producer license.

58-30-154. Reinstatement of lapsed insurance producer license.An individual insurance producer who allows his or her license to lapse may, within twelve months from the due date of the renewal fee apply to reinstate the same license without the necessity of passing a written examination. A penalty in the amount of double the unpaid renewal fee shall be required for any license reinstatement. This section only applies to renewals if the continuing education due date was missed or timely payment of the fee was not made. Source: SL 2001, ch 286, §14.
SD Codified L § 58-30-155 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-155 - Waiver of insurance producer license renewal requirements.

58-30-155. Waiver of insurance producer license renewal requirements.A licensed insurance producer who is unable to comply with license renewal procedures due to military service or some other extenuating circumstance, such as a long-term medical disability, may request a waiver of those procedures. The producer may also request a waiver of any examination requirement or any other monetary penalty or sanction imposed for failure to comply with renewal procedures. The director may promulgate rules pursuant to chapter 1-26 for determining what constitutes extenuating circumstances if the director finds that application of this section or the imposition of sanctions would create an unreasonable hardship. Source: SL 2001, ch 286, §15.
SD Codified L § 58-30-156 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-156 - Information contained on insurance producer license.

58-30-156. Information contained on insurance producer license.The license shall contain the licensee's name, address, personal identification number, the date of issuance, the lines of authority, the expiration date, and any other information the director determines to be necessary. Source: SL 2001, ch 286, §16.
SD Codified L § 58-30-157 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-157 - Notification of change of address by insurance producer.

58-30-157. Notification of change of address by insurance producer.A licensee shall inform the director in a form or format prescribed by the director of a change of address within thirty days of the change. Source: SL 2001, ch 286, §17.
SD Codified L § 58-30-158 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-158 - Authority of director to contract with nongovernmental entities for ministerial functions relating to insurance producer licensing.

58-30-158. Authority of director to contract with nongovernmental entities for ministerial functions relating to insurance producer licensing.In order to assist in the performance of the director's duties, the director may contract with nongovernmental entities, including the National Association of Insurance Commissioners (NAIC) or any affiliates or subsidiaries that the NAIC oversees to perform any ministerial functions, including the collection of fees, related to insurance producer licensing that the director and the nongovernmental entity may deem appropriate. Source: SL 2001, ch 286, §18.
SD Codified L § 58-30-159 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-159 - Requirements for nonresident insurance producer license.

58-30-159. Requirements for nonresident insurance producer license.Unless denied licensure pursuant to §58-30-167, a nonresident person is entitled to receive a nonresident insurance producer license if:(1)The person is currently licensed as a resident insurance producer and in good standing in the person's home state;(2)The person has submitted the proper request for licensure and has paid the fees required by §58-2-29;(3)The person has submitted or transmitted to the director the application for licensure that the person submitted to the person's home state or the application required by §58-30-148; and(4)Except for fees, the person's home state issues nonresident insurance producer licenses to residents of this state on the same basis. Source: SL 2001, ch 286, §19.
SD Codified L § 58-30-160 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-160 - Nonresident insurance producer required to hold equivalent license in home state.

58-30-160. Nonresident insurance producer required to hold equivalent license in home state.A licensee as nonresident insurance producer shall at all times be qualified for and hold in the licensee's home state of domicile the license of that home state as a resident insurance producer covering all kinds of insurance covered or to be covered under the South Dakota nonresident license. A hearing is not necessary in order to revoke, suspend, terminate, or nonrenew a nonresident insurance producer's license in this state if that insurance producer no longer has a producer license in the insurance producer's home state of domicile. Source: SL 2001, ch 286, §20; SL 2002, ch 240, §7.
SD Codified L § 58-30-161 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-161 - Verification of nonresident's licensing status.

58-30-161. Verification of nonresident's licensing status.The director may verify the insurance producer's licensing status through databases maintained by the National Association of Insurance Commissioners, its affiliates, or subsidiaries. Source: SL 2001, ch 286, §21.
SD Codified L § 58-30-162 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-162 - Change of address required for interstate move.

58-30-162. Change of address required for interstate move.A nonresident insurance producer who moves from one state to another state or a resident insurance producer who moves from this state to another state shall file a change of address and provide certification from the new resident state within thirty days of the change of legal residence. No fee or license application is required. Source: SL 2001, ch 286, §22.
SD Codified L § 58-30-163 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-163 - Nonresident license applicant--Reciprocity--Exception.

58-30-163. Nonresident license applicant--Reciprocity--Exception.The director shall waive any requirements for a nonresident license applicant with a valid license from the applicant's home state, except for the requirements imposed by §58-30-159, if the applicant's home state awards nonresident licenses to residents of this state on the same basis. The director may issue a resident license for a type of license not specified in this title to a person for insurance activities which do not require licensure in this state provided that another state which that person does insurance business in requires such license. Source: SL 2001, ch 286, §23; SL 2010, ch 233, §13.
SD Codified L § 58-30-164 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-164 - Notification of use of assumed name by insurance producer.

58-30-164. Notification of use of assumed name by insurance producer.An insurance producer doing business under any name other than the insurance producer's legal name is required to notify the director prior to using the assumed name. Source: SL 2001, ch 286, §24.
SD Codified L § 58-30-165 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-165 - Temporary insurance producer license.

58-30-165. Temporary insurance producer license.The director may issue a temporary insurance producer license for a period not to exceed one hundred eighty days without requiring an examination if the director determines that the temporary license is necessary for the servicing of an insurance business in the following cases:(1)To the surviving spouse or court-appointed personal representative of a licensed insurance producer who dies or becomes mentally or physically disabled to allow adequate time for the sale of the insurance business owned by the insurance producer or for the recovery or return of the insurance producer to the business or to provide for the training and licensing of new personnel to operate the insurance producer's business;(2)To a member or employee of a business entity licensed as an insurance producer, upon the death or disability of an individual designated in the business entity application or the license;(3)To the designee of a licensed insurance producer entering active service in the armed forces of the United States of America; or(4)In any other circumstance where the director determines that the public interest will be best served by the issuance of this license. Source: SL 2001, ch 286, §25.
SD Codified L § 58-30-166 (2021)
2021 South Dakota Codified Laws|Title 58 - Insurance|Chapter 30 - Insurance Producers|Section 58-30-166 - Limits on temporary insurance producer license--Revocation of temporary license.

58-30-166. Limits on temporary insurance producer license--Revocation of temporary license.The director may by order limit the authority of any temporary licensee in any way determined to be necessary to protect insureds and the public. The director may require the temporary licensee to be under the supervision of a licensed insurance producer or insurer who assumes responsibility for all acts of the temporary licensee and may impose other similar requirements designed to protect insureds and the public. The director may by order revoke a temporary license if the interest of insureds or the public are endangered. A temporary license does not continue after the owner or the personal representative disposes of the business. Source: SL 2001, ch 286, §26.