SDCL § 58-30-159: Requirements for nonresident insurance producer license.

Unless denied licensure pursuant to § 58-30-167, a nonresident person is entitled to receive a nonresident insurance producer license if:

(1) The person is currently licensed as a resident insurance producer and in good standing in the person's home state;

(2) The person has submitted the proper request for licensure and has paid the fees required by § 58-2-29;

(3) The person has submitted or transmitted to the director the application for licensure that the person submitted to the person's home state or the application required by § 58-30-148; and

(4) Except for fees, the person's home state issues nonresident insurance producer licenses to residents of this state on the same basis.