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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-44-8: Notice from controlling broker to prospective insured--Subbroker.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-44. BROKER CONTROLLED PROPERTY AND CASUALTY INSURANCE

The controlling broker, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the controlling broker and the controlled insurer. If the business is placed through a broker who is not a controlling broker, the controlling broker shall retain in his records a signed commitment from the subbroker that the subbroker is aware of the relationship between the insurer and the broker and that the subbroker has or will notify the insured.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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