§ 58-30-182 Notification to insurance producer of termination by insurer.

SD Codified L § 58-30-182 (2019) (N/A)
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58-30-182. Notification to insurance producer of termination by insurer. Within fifteen days after making the notification required by §§ 58-30-180 and 58-30-181, the insurer shall mail, or if acceptable, send by electronic means, a copy of the notification to the insurance producer at the insurance producer's last known address. If the insurance producer is terminated for any of the reasons listed in § 58-30-167, the insurer shall provide a copy of the notification to the insurance producer at the insurance producer's last known address by certified mail, return receipt requested and postage prepaid, by overnight delivery using a nationally recognized carrier, or if acceptable, by electronic means.

Source: SL 2001, ch 286, § 42.