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S.D. Codified Laws § 58-30-207

Rental car insurance advertising and compensation restrictions

Source: SL 2001, ch 272, § 11; SDCL § 58-9-44; SL 2010, ch 233, § 2.

No rental car agent may:

(1) Advertise, represent, or otherwise portray itself or any of its employees or agents as licensed insurers or insurance producers; or

(2) Pay any person, including a rental car agent endorsee, any compensation, fee, or commission that is dependent solely on the placement of insurance under the license issued pursuant to §§ 58-30-197 to 58-30-208, inclusive. Nothing in §§ 58-30-197 to 58-30-208, inclusive, prohibits production payments or incentive payments that are not dependent solely upon the sale of rental car insurance.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.