South Dakota § 58-33-99 - Circumstances in which licensee should know product is unauthorized health insurance.
Full text of South Dakota South Dakota Codified Laws § 58-33-99 — Circumstances in which licensee should know product is unauthorized health insurance., with citation guidance and answers to common questions.
§ 58-33-99. Circumstances in which licensee should know product is unauthorized health insurance.
Circumstances where a licensee reasonably should know that a product is unauthorized health insurance include the following:
(1) The licensee knows that the product is represented to be a self-funded plan and that it is offered widely to the multiple employers or generally to individuals;
(2) The licensee knows that the product is a professional employer organization self-funded plan and that it is offered widely to multiple client employers; or
(3) The licensee knows that the plan is represented to be a self-funded plan established or maintained pursuant to a collective bargaining agreement and that the plan is offered widely to multiple employers, or generally to individuals, or both, through agents who are compensated on a commission or similar basis.
A licensee may provide other evidence to the division to indicate that the licensee did not reasonably know that a product is unauthorized. In making its determination regarding whether a licensee should have known the product is unauthorized and the appropriateness of any penalty for failing to notify the division of such a product, the division shall consider the prior experience and the existence or lack of training of that licensee.
Source: SL 2007, ch 292, § 7.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-33-99
What does South Dakota Codified Laws § 58-33-99 cover?
Section 58-33-99 ("Circumstances in which licensee should know product is unauthorized health insurance.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-33-99?
A common citation format is "South Dakota Codified Laws § 58-33-99" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-33-99 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.