South Dakota Statutes
§ 58-15-25 — Participating industrial life insurance policies--Annual participation of policy in divisible surplus.
South Dakota § 58-15-25
This text of South Dakota § 58-15-25 (Participating industrial life insurance policies--Annual participation of policy in divisible surplus.) 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 § 58-15-25 (2026).
Text
In participating industrial life insurance policies, in lieu of the provision required in §§ 58-15-23 and 58-15-24 , there shall be a provision that, beginning not later than the end of the fifth policy year, the policy shall participate annually in the divisible surplus, if any, in the manner set forth in the policy.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1966, ch 111, ch 23, § 8 (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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-15-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-15-25.