South Dakota Statutes

§ 21-3B-8 — Life

South Dakota § 21-3B-8
JurisdictionSouth Dakota
Title 21JUDICIAL REMEDIES
Ch. 21-3BSTRUCTURED SETTLEMENTS

This text of South Dakota § 21-3B-8 (Life) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 21-3B-8 (2026).

Text

No transfer of structured settlement payment rights may extend to any payments that are life - contingent unless, prior to the date on which the payee signs the transfer agreement, the transferee has established and has agreed to maintain procedures reasonably satisfactory to the annuity issuer and the structured settlement obligor for periodically confirming the payee's survival and giving the annuity issuer and the structured settlement obligor prompt written notice in the event of the payee's death.

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Legislative History

SL 2001, ch 106, § 8.

Nearby Sections

15
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Bluebook (online)
South Dakota § 21-3B-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/21-3B-8.