58-30-173. Renewal or deferred commissions approved if license held at time of transaction.
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/sd/title-58/chapter-58-30/58-30-173·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Renewal or other deferred commissions may be paid to a person for selling, soliciting, or negotiating insurance in this state if the person was required to be licensed under §§ 58-30-141 to 58-30-195 , inclusive, at the time of the sale, solicitation, or negotiation and was so licensed at that time.