South Dakota § 58-33A-19.2 - Producer obligations--Documentation--Time of recommendation or sale.
Full text of South Dakota South Dakota Codified Laws § 58-33A-19.2 — Producer obligations--Documentation--Time of recommendation or sale., with citation guidance and answers to common questions.
§ 58-33A-19.2. Producer obligations--Documentation--Time of recommendation or sale.
A producer shall, at the time of the recommendation or sale:
(1) Make a written record of any recommendation and the basis for the recommendation subject to the obligations required in §§ 58-33A-13 to 58-33A-27, inclusive;
(2) Obtain a consumer signed statement on a form substantially similar to the form prescribed by the director and available on the division’s website documenting:
(a) A customer’s refusal to provide the consumer profile information, if any;
(b) A customer’s understanding of the ramifications of not providing his or her consumer profile information or providing insufficient consumer profile information; and
(3) Obtain a consumer signed statement acknowledging the annuity transaction is not recommended if a customer decides to enter into an annuity transaction that is not based on the producer’s recommendation on a form substantially similar to a form prescribed by the director.
Source: SL 2022, ch 186, § 15, eff. Jan. 1, 2023.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-33A-19.2
What does South Dakota Codified Laws § 58-33A-19.2 cover?
Section 58-33A-19.2 ("Producer obligations--Documentation--Time of recommendation or sale.") 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 § 58-33A-19.2?
A common citation format is "South Dakota Codified Laws § 58-33A-19.2" (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 § 58-33A-19.2 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.