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Code · South Dakota · Title 58 · Chapter 58-30

58-30-160. Nonresident insurance producer required to hold equivalent license in home state.

88 words·~1 min read·/sd/title-58/chapter-58-30/58-30-160·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.
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