20:06:18:02.  Applicability. Sections 20:06:18:01 to 20:06:18:18, inclusive do not apply to the following:

          (1)  A licensee holding a limited license to sell only credit life and credit health insurance;

          (2)  A licensee outside the United States or its territories;

          (3)  A licensee who is a resident attorney licensed to practice law in the state;

          (4)  A licensee who is a transportation ticket agent of common carriers holding a limited license to sell only travel accident and baggage insurance;

          (5)  A licensee who is an employee of a trade association holding a limited license to sell only surety bonds to its association members;

          (6)  A licensee holding a limited license to sell only bail bonds.

          Source: 12 SDR 106, effective December 30, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 19 SDR 160, effective April 27, 1993; 32 SDR 53, effective October 10, 2005; 34 SDR 200, effective January 28, 2008.

          General Authority: SDCL 58-4-1, 58-30-117.

          Law Implemented: SDCL 58-30-115, 58-30-117.