S.D. Codified Laws § 58-30-150.1

Current through the 2024 Legislative Session
Section 58-30-150.1 - Incomplete application-Deemed withdrawn-Not a refusal or reportable administrative action

An application for an insurance producer license must be deemed withdrawn if the director contacts an applicant under this chapter in writing regarding an incomplete application and the director does not receive a response from the applicant within sixty days of the date of the written communication. A withdrawn application under this section is not a refusal to issue a producer license and is not an administrative action reportable to other states.

SDCL 58-30-150.1

SL 2022, ch 184, §1.
Added by S.L. 2022, ch. 184,s. 1, eff. 7/1/2022.