Any insurance producer's appointment not terminated prior to April first of each year is subject to an annual renewal fee as stated in § 58-2-29. The appointing insurer shall pay the renewal fee.
S.D. Codified Laws § 58-30-74.1
Continuing appointments--Annual renewal fee
Source: SL 1996, ch 300, § 4; SL 2001, ch 286, § 171.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.