<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-33A-27 - Records regarding recommendations.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s0b03556596b6427abb8a904fe39e8e4eNormal { 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.s0b03556596b6427abb8a904fe39e8e4eSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0b03556596b6427abb8a904fe39e8e4eCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s0b03556596b6427abb8a904fe39e8e4eStatute { 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.s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s0b03556596b6427abb8a904fe39e8e4e000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0b03556596b6427abb8a904fe39e8e4eNoIndent { text-indent: 0.00in; 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.s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0b03556596b6427abb8a904fe39e8e4eSCL { 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><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 58-33A-27 - Records regarding recommendations."><meta property="og:description" content="SDLRC Codified Law 58-33A-27 - Records regarding recommendations."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=58-33A-27"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s0b03556596b6427abb8a904fe39e8e4eNormal"><a href="https://sdlegislature.gov/Statutes?Statute=58-33A-27" rel="noopener"><span class="s0b03556596b6427abb8a904fe39e8e4eSENU">58-33A-27</span></a><span xml:space="preserve" class="s0b03556596b6427abb8a904fe39e8e4eSENU">. </span><span class="s0b03556596b6427abb8a904fe39e8e4eCL">Records regarding recommendations.</span></p><p dir="ltr" class="s0b03556596b6427abb8a904fe39e8e4eStatute"><span class="s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont">Each insurer, general agent, independent agency and producer shall maintain or be able to make available to the director records of the information collected from the consumer, disclosures made to the consumer, including summaries of oral disclosures, and other information used in making the recommendations that were the basis for insurance transactions for five years after the insurance transaction is completed by the insurer. An insurer is permitted, but is not required, to maintain documentation on behalf of a producer.</span></p><p dir="ltr" class="s0b03556596b6427abb8a904fe39e8e4eStatute"><span xml:space="preserve" class="s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont">Any record required to be maintained by §§ </span><a href="https://sdlegislature.gov/Statutes?Statute=58-33A-13" rel="noopener"><span class="s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont">58-33A-13</span></a><span xml:space="preserve" class="s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=58-33A-27" rel="noopener"><span class="s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont">58-33A-27</span></a><span class="s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont">, inclusive, may be maintained in paper, photographic, microprocess, magnetic, mechanical or electronic media or by any process that accurately reproduces the actual document.</span></p><p dir="ltr" class="s0b03556596b6427abb8a904fe39e8e4eNormal"><span xml:space="preserve" class="s0b03556596b6427abb8a904fe39e8e4e000000"> </span></p><p dir="ltr" class="s0b03556596b6427abb8a904fe39e8e4eNoIndent"><span xml:space="preserve" class="s0b03556596b6427abb8a904fe39e8e4eDefaultParagraphFont-000001">Source: </span><span class="s0b03556596b6427abb8a904fe39e8e4eSCL">SL 2008, ch 273, § 15; SL 2022, ch 186, § 29, eff. Jan. 1, 2023.</span></p></div></body></html>