S.D. Codified Laws § 58-33-123

Current through the 2024 Legislative Session
Section 58-33-123 - Insurer practices using armed forces personnel or programs considered false, misleading, deceptive, or unfair

The following acts or practices, if committed on a military installation by an insurer or insurance producer, constitute corrupt practices or improper influences or inducements and are declared to be false, misleading, deceptive, or unfair:

(1) Using Department of Defense personnel, directly or indirectly, as a representative or agent in any official or business capacity with or without compensation with respect to the solicitation or sale of life insurance to service members; or
(2) Using an insurance producer to participate in any education or orientation program sponsored by the armed forces of the United States.

SDCL 58-33-123

SL 2008, ch 272, §7.