No insurance producer may offer or sell any security in this state unless the security is registered or exempt from registration pursuant to chapter 47-31B.

Terms Used In South Dakota Codified Laws 58-33-91

  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2

Source: SL 2001, ch 287, § 2; SL 2004, ch 278, § 68.