South Dakota Statutes
§ 58-12-10 — Benefits, rights, privileges, or options nontransferable under annuity contract--Not subject to commutation--Exemption from execution.
If an annuity contract so provides, the benefits, rights, privileges, or options accruing under such contract to a beneficiary or assignee shall not be transferable nor subject to commutation, and if the benefits are payable periodically or at stated times, the same exemptions and exceptions contained in §§ 58-12-6 to 58-12-9 , inclusive, for the annuitant, shall apply with respect to such beneficiary or assignee.
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South Dakota § 58-12-10 (Benefits, rights, privileges, or options nontransferable under annuity contract--Not subject to commutation--Exemption from execution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1966, ch 111, ch 22, § 32 (2).
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.