S.D. Codified Laws § 58-24-71

Current through the 2024 Legislative Session
Section 58-24-71 - Third-party consultant disclosure requirements

If a third-party consultant is retained by the exempt commercial policyholder to act as the policyholder's risk manager when a quote for insurance is delivered to the policyholder, the consultant shall disclose, in writing, the existence of any commission, fee, or contingency arrangement the third-party consultant has with the insurer.

SDCL 58-24-71

SL 2004, ch 307, §4.