<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-30-6 - Appointment of insurance producer by insurer--Filing with director--Statement of kinds of insurance to be transacted--Payment of fee--Reasons for denying appointment. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2076368Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076368SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076368CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2076368Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076368DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2076368Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2076368000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2076368SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076368SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2076368Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-30-6"><span class="s2076368SENU">58-30-6</span></a><span xml:space="preserve" class="s2076368SENU">. </span><span class="s2076368CL">Appointment of insurance producer by insurer--Filing with director--Statement of kinds of insurance to be transacted--Payment of fee--Reasons for denying appointment.</span></p><p dir="ltr" class="s2076368Normal-000000"><span class="s2076368DefaultParagraphFont">The director may deny an appointment or withhold processing an appointment for reasons of protection of the public health, welfare, or safety including the following:</span></p><p dir="ltr" class="s2076368Normal-000001"><span class="s2076368DefaultParagraphFont">(1)    The insurance producer to be appointed is not properly licensed; or</span></p><p dir="ltr" class="s2076368Normal-000001"><span class="s2076368DefaultParagraphFont">(2)    A notice of hearing from the Division of Insurance seeking revocation or suspension of the insurance producer or insurer has been issued.</span></p><p dir="ltr" class="s2076368Normal"><span xml:space="preserve" class="s2076368000002"> </span></p><p dir="ltr" class="s2076368Normal"><span class="s2076368SCL">Source:</span><span xml:space="preserve" class="s2076368SCL-000003"> SL 1966, ch 111, ch 9, § 20 (1); SL 1995, ch 289, § 1; SL 2001, ch 286, § 156.</span></p></div></body></html>