58-30-172. Acceptance of payment by unlicensed insurance producer prohibited.No person may accept a commission, service fee, brokerage, or other valuable consideration for selling, soliciting, or negotiating insurance in this state if that person is required to be licensed or appointed under §§58-30-141 to 58-30-195, inclusive, and is not so licensed or appointed. Source: SL 2001, ch 286, §32.
South Dakota Legal Code