# S.D. Codified Laws § 58-30-12.1: Excess or rejected life or health insurance or annuity risks--Placement by insurance producer licensed for life or health insurance

> South Dakota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-12.1

## Section

- **Citation:** S.D. Codified Laws § 58-30-12.1
- **Heading:** Excess or rejected life or health insurance or annuity risks--Placement by insurance producer licensed for life or health insurance
- **Jurisdiction:** South Dakota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** SD Code / Title 58 / Chapter 30 / Section 58-30-12.1

## Text

An insurance producer licensed for life or health insurance, or both, may place excess or rejected life or health insurance or annuity risks with any authorized insurer other than an insurer the insurance producer is licensed to represent; but the insurance producer may not receive commissions or other compensation from such other insurer for the business so placed until after the insurance producer has been appointed an insurance producer of the insurer in accordance with this title.

Source: SL 1982, ch 365, § 5; SL 2001, ch 286, § 162.

## Nearby sections

- [S.D. Codified Laws § 58-30-1.1 Excess business defined](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-1.1.md)
- [S.D. Codified Laws § 58-30-1.2 Rejected business defined](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-1.2.md)
- [S.D. Codified Laws § 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](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-6.md)
- [S.D. Codified Laws § 58-30-8.1 Notice required for termination of agency contract for fire and casualty lines--Extension of coverage on previous policies](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-8.1.md)
- [S.D. Codified Laws § 58-30-8.2 Notice requirements inapplicable to exclusive agencies or termination for cause](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-8.2.md)
- [S.D. Codified Laws § 58-30-9 Rights of insurance producer following termination of appointment](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-9.md)
- [S.D. Codified Laws § 58-30-10 Rights of insurance producer after termination of appointment inapplicable to employer and employee relationship](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-10.md)
- [S.D. Codified Laws § 58-30-12.1 Excess or rejected life or health insurance or annuity risks--Placement by insurance producer licensed for life or health insurance](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-12.1.md)
- [S.D. Codified Laws § 58-30-20 Licensing provisions inapplicable to title insurance](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-20.md)
- [S.D. Codified Laws § 58-30-23.6 Criminal files check](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-23.6.md)
- [S.D. Codified Laws § 58-30-23.7 Joint issuance of waivers](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-23.7.md)
- [S.D. Codified Laws § 58-30-27 Licenses to insurance producers of domestic insurer insuring members of armed forces and dependents outside territorial limits](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-27.md)
- [S.D. Codified Laws § 58-30-29 License not issued in trade name--Exception as to firm or corporation](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-29.md)
- [S.D. Codified Laws § 58-30-31 Firms and corporations--Business within scope of agreement or articles of incorporation](https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-31.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_SD_T58_C30_S58-30-12.1. Check the current official text before relying on it. Not legal advice.