Section 62-5-8 - Commission for placing insurance limited. - South-dakota Statutes

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62-5-8. Commission for placing insurance limited. No insurer of any obligation under this title may by himself, herself, or through another, either directly or indirectly, charge, accept, or pay as a commission or compensation for placing or renewing any insurance under this title more than fifteen percent of the premium charged.

Source: SL 1917, ch 376, § 51; RC 1919, § 9487; SDC 1939, § 64.0305; SL 2008, ch 278, § 37.

State Codes and Statutes

Statutes > South-dakota > Title-62 > Chapter-05 > Statute-62-5-8

62-5-8. Commission for placing insurance limited. No insurer of any obligation under this title may by himself, herself, or through another, either directly or indirectly, charge, accept, or pay as a commission or compensation for placing or renewing any insurance under this title more than fifteen percent of the premium charged.

Source: SL 1917, ch 376, § 51; RC 1919, § 9487; SDC 1939, § 64.0305; SL 2008, ch 278, § 37.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-62 > Chapter-05 > Statute-62-5-8

62-5-8. Commission for placing insurance limited. No insurer of any obligation under this title may by himself, herself, or through another, either directly or indirectly, charge, accept, or pay as a commission or compensation for placing or renewing any insurance under this title more than fifteen percent of the premium charged.

Source: SL 1917, ch 376, § 51; RC 1919, § 9487; SDC 1939, § 64.0305; SL 2008, ch 278, § 37.