S.D. Codified Laws § 58-5-66
Current through the 2024 Legislative Session
No officer or employee of a domestic insurer shall be compensated unreasonably and the compensation of any director or officer of such insurer shall not be calculated, directly or indirectly, as a percentage of profits, premiums collected, or insurance written by the insurer without the approval of the director of the Division of Insurance.
SDCL 58-5-66