SDCL § 58-18B-41: Compensation of insurance producer based on percentage of premium.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-18B. REGULATION OF SMALL BUSINESSES' GROUP AND BLANKET HEALTH INSURANCE
The provisions of § 58-18B-40 do not apply with respect to a compensation arrangement that provides compensation to an insurance producer on the basis of percentage of premium, if the percentage does not vary because of the health status, claims experience, industry, occupation, or geographic area of the small employer.
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