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South Dakota

South Dakota Enacts Revisions to Rebating Provisions

Apr 17, 2023 / by AAIS posted in South Dakota

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On February 22, 2023, the South Dakota Legislature enacted Senate Bill 85 which revises the state's rebating provisions related to certain insurance practices, such as the offering of value-added products or services, conduct of raffles or drawings, and the use of certain phrases in advertisements. The bill becomes effective July 1, 2023.

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