S.D. Codified Laws § 58-5-130

Current through the 2024 Legislative Session
Section 58-5-130 - Compensation for promoting merger or consolidation of stock insurers

No director, officer, insurance producer, or employee of any insurer party to such merger or consolidation may receive any fee, commission, compensation, or other valuable consideration whatsoever for aiding, promoting, or assisting therein except as set forth in such plan and agreement.

SDCL 58-5-130

SL 1966, ch 111, ch 16, § 38 (3); SL 2001, ch 286, §73.