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.
‹ Prev All South Dakota sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.