South Dakota Statutes

§ 58-12-8 — Maximum amount of annuity exemption--Excess subject to levy.

South Dakota § 58-12-8
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-11AINSURANCE CLAIMS AND BENEFITS

This text of South Dakota § 58-12-8 (Maximum amount of annuity exemption--Excess subject to levy.) 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 § 58-12-8 (2026).

Text

The total exemption under § 58-12-6 of benefits presently due and payable to any annuitant periodically or at stated times under all annuity contracts under which he is an annuitant, shall not at any time exceed two hundred and fifty dollars per month for the length of time represented by such installments, and such periodic payments in excess of two hundred and fifty dollars per month shall be subject to levy in the manner provided by law and the rules of court.

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Related

Champion v. United States Fidelity & Guaranty Co.
399 N.W.2d 320 (South Dakota Supreme Court, 1987)
65 case citations
Biegler v. American Family Mutual Insurance Co.
2001 SD 13 (South Dakota Supreme Court, 2001)
55 case citations
Sawyer v. Farm Bureau Mutual Insurance Co.
2000 SD 144 (South Dakota Supreme Court, 2000)
31 case citations
Stanton v. State Farm Fire and Cas. Co., Inc.
78 F. Supp. 2d 1029 (D. South Dakota, 1999)
12 case citations

Legislative History

SL 1966, ch 111, ch 22, § 32 (1) (b).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-12-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-12-8.