58-8-5. Distribution of advertising matter as to advantages of doing business with unauthorized insurer as misdemeanor.
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/sd/title-58/chapter-58-8/58-8-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is a Class 2 misdemeanor for any manufacturer, jobber, wholesaler, or retailer to distribute or to cause to be distributed any match books or other advertising matter, directly or indirectly, setting forth the advantages of or soliciting business for any insurer, insurance producer, or other person, who has not been authorized to transact insurance business in this state.