South Dakota § 58-11A-2 Policies subject to chapter.

South Dakota Statutes

§ 58-11A-2 — Policies subject to chapter.

South Dakota § 58-11A-2

Title 58INSURANCE

Ch. 58-11ALIFE AND HEALTH POLICY LANGUAGE SIMPLIFICATION

This text of South Dakota § 58-11A-2 (Policies subject to chapter.) 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 § 58-11A-2 (2026).

Text

This chapter applies to any policy delivered or issued for delivery in this state by any company on or after the date such forms must be approved under this chapter, but nothing in this chapter applies to:

(1)Any policy which is a security subject to federal jurisdiction;

(2)Any group policy covering a group of one thousand or more lives at date of issue, other than a group credit life insurance policy or a group credit health insurance policy. However, this may not exempt any certificate issued pursuant to a group policy delivered or issued for delivery in this state;

(3)Any group annuity contract which serves as a funding vehicle for pension, profit - sharing, or deferred compensation plans;

(4)Any form used in connection with, as a conversion from, as an addition to or i

Free access — add to your briefcase to read the full text and ask questions with AI

This chapter applies to any policy delivered or issued for delivery in this state by any company on or after the date such forms must be approved under this chapter, but nothing in this chapter applies to: (1) Any policy which is a security subject to federal jurisdiction; (2) Any group policy covering a group of one thousand or more lives at date of issue, other than a group credit life insurance policy or a group credit health insurance policy. However, this may not exempt any certificate issued pursuant to a group policy delivered or issued for delivery in this state; (3) Any group annuity contract which serves as a funding vehicle for pension, profit - sharing, or deferred compensation plans; (4) Any form used in connection with, as a conversion from, as an addition to or in exchange pursuant to a contractual provision for a policy delivered or issued for delivery on a form approved or permitted to be issued prior to the dates such forms must be approved under this chapter; or (5) The renewal of a policy delivered or issued for delivery prior to the dates such forms must be approved under this chapter.