62-5-8. Commission for placing insurance limited.
45 words·~1 min read·
/sd/title-62/chapter-62-5/62-5-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No insurer of any obligation under this title may by himself, herself, or through another, either directly or indirectly, charge, accept, or pay as a commission or compensation for placing or renewing any insurance under this title more than fifteen percent of the premium charged.