<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 58-33-27 - Compensation to insurance producers permitted--Allowance or return of dividends, savings, or unabsorbed premium deposits permitted. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2076661Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2076661SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076661CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2076661Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2076661DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2076661000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2076661SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2076661SCL-000002 { 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="s2076661Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-33-27"><span class="s2076661SENU">58-33-27</span></a><span xml:space="preserve" class="s2076661SENU">. </span><span class="s2076661CL">Compensation to insurance producers permitted--Allowance or return of dividends, savings, or unabsorbed premium deposits permitted.</span></p><p dir="ltr" class="s2076661Normal-000000"><span xml:space="preserve" class="s2076661DefaultParagraphFont">Nothing in §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-33-24"><span class="s2076661DefaultParagraphFont">58-33-24</span></a><span xml:space="preserve" class="s2076661DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-33-26"><span class="s2076661DefaultParagraphFont">58-33-26</span></a><span class="s2076661DefaultParagraphFont">, inclusive, prohibits the payment of commissions or other compensation to duly licensed insurance producers, or prohibits any insurer from allowing or returning to its participating policyholders, members or subscribers, lawful dividends, savings, or unabsorbed premium deposits.</span></p><p dir="ltr" class="s2076661Normal"><span xml:space="preserve" class="s2076661000001"> </span></p><p dir="ltr" class="s2076661Normal"><span class="s2076661SCL">Source:</span><span xml:space="preserve" class="s2076661SCL-000002"> SL 1966, ch 111, ch 13, § 16 (4); SL 2001, ch 286, § 203.</span></p></div></body></html>