58-30-207. Rental car insurance advertising and compensation restrictions.
88 words·~1 min read·
/sd/title-58/chapter-58-30/58-30-207·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No rental car agent may:
(1)Advertise, represent, or otherwise portray itself or any of its employees or agents as licensed insurers or insurance producers; or
(2)Pay any person, including a rental car agent endorsee, any compensation, fee, or commission that is dependent solely on the placement of insurance under the license issued pursuant to §§ 58-30-197 to 58-30-208 , inclusive. Nothing in §§ 58-30-197 to 58-30-208 , inclusive, prohibits production payments or incentive payments that are not dependent solely upon the sale of rental car insurance.