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20:06:11:02Exemptions from restrictions on insiders'

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

interests, officers. SDCL 58-5-61 shall not prevent the receipt of any fee, commission or other consideration by an officer, or by a corporation or partnership in which such officer has a beneficial interest, on account of services rendered to an insurer as a lawyer or licensed practitioner of a healing art provided the conditions specified in § 20:06:11:01 are met.

Source: 1 SDR 53, effective January 27, 1975, 4 SDR 6, effective August 9, 1977; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

Law Implemented