S.D. Codified Laws § 58-6-3

Current through the 2024 Legislative Session
Section 58-6-3 - Preemption of field of insurance regulation by state-Licensing by political subdivisions prohibited

The state hereby preempts the field of regulating insurers and their insurance producers and solicitors; and all political subdivisions of the state are prohibited from requiring of any insurer, insurance producer, or solicitor regulated under this title any authorization, permit, or registration of any kind for conducting transactions lawful under the authority granted by the state under this title.

SDCL 58-6-3

SL 1966, ch 111, ch 3, § 1 (3); SL 2001, ch 286, §76.