SDCL § 58-5-122: Compensation for promoting bulk reinsurance prohibited.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-5. ORGANIZATION AND GENERAL POWERS OF INSURERS
No director, officer, insurance producer, or employee of any insurer party to such reinsurance, nor any other person, may receive any fee, commission, or other valuable consideration whatsoever for in any manner aiding, promoting, or assisting therein except as set forth in the reinsurance agreement.
Collected 2026-09-03T15:18:57Z. Source file · JSON