S.D. Admin. R. 61:24:03:09
Upon application for an initial dealer license, the dealer shall furnish a copy of the liability insurance policy before issuance of the license. The dealer shall certify that the insurance shall be continued and maintained for the entire license period.
Upon renewal of a dealer license, the dealer shall verify the possession of a liability insurance policy at time of renewal. The dealer shall verify on the renewal license notice that an insurance policy is in effect and that the insurance shall be continued and maintained for the entire license period.
The liability policy must be made available for inspection at the dealer's place of business at any time upon request by an inspector or enforcement officer.
S.D. Admin. R. 61:24:03:09
General Authority: SDCL 32-6B-6(16), 32-6B-62.
Law Implemented: SDCL 32-6B-6(16), 32-6B-62.