S.D. Codified Laws § 58-8-4

Current through the 2024 Legislative Session

Section 58-8-4 - Acceptance of advertising without proof of authority to do business in state as misdemeanor

No person may accept for publication or printing any newspaper, magazine, or other periodical, or for radio or television broadcasting in this state, any advertisement or other notice, either directly or indirectly setting forth the advantages of or soliciting business for any insurer, insurance producer, or other person, unless the publisher holds a certificate to the effect that the insurer, insurance producer, or other person named therein is authorized to transact insurance business in this state for the current license year. The certificate shall be issued by the director without cost to any person applying therefor.

Any violation of this section is a Class 2 misdemeanor.

SDCL 58-8-4

SL 1966, ch 111, ch 12, § 1 (3); SL 1978, ch 359, § 2; SL 2001, ch 286, §100.