South Dakota Statutes

§ 58-15-101 — Beneficiary search.

South Dakota·Title 58 INSURANCE·Ch. 58-13 LIFE INSURANCE AND ANNUITIES
If the insurer has not been contacted by a beneficiary within one hundred twenty days of an insurer's receipt of information establishing the insurer's knowledge of death, the insurer shall commence a beneficiary search. The beneficiary search shall be completed within one year from the date the insurer received the information.

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Legislative History

SL 2018, ch 280, § 8.

Nearby Sections

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