S.D. Codified Laws § 58-33A-16.6

Current through the 2024 Legislative Session

Section 58-33A-16.6 - Additional disclosure upon request

Upon request of the consumer or the consumer's designated representative, the producer shall disclose:

(1) A reasonable estimate of the amount of cash compensation to be received by the producer, which may be stated as a range of amounts or percentages; and

(2) Whether the cash compensation is a one-time or multiple occurrence amount, and if a multiple occurrence amount, the frequency and amount of the occurrence, which may be stated as a range of amounts or percentages.

SDCL 58-33A-16.6

SL 2022, ch 186, §13, eff. Jan. 1, 2023.

Added by S.L. 2022, ch. 186,s. 13, eff. 1/1/2023.