S.D. Codified Laws § 58-33-27

Current through the 2024 Legislative Session

Section 58-33-27 - Compensation to insurance producers permitted-Allowance or return of dividends, savings, or unabsorbed premium deposits permitted

Nothing in §§ 58-33-24 to 58-33-26, inclusive, prohibits the payment of commissions or other compensation to duly licensed insurance producers, or prohibits any insurer from allowing or returning to its participating policyholders, members or subscribers, lawful dividends, savings, or unabsorbed premium deposits.

SDCL 58-33-27

SL 1966, ch 111, ch 13, § 16 (4); SL 2001, ch 286, §203.