58-30-163. Nonresident license applicant--Reciprocity--Exception.
91 words·~1 min read·
/sd/title-58/chapter-58-30/58-30-163·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.