South Dakota Statutes
§ 58-15-26.3 — Interest not required where beneficiary elects to receive other than lump sum payment.
South Dakota § 58-15-26.3
This text of South Dakota § 58-15-26.3 (Interest not required where beneficiary elects to receive other than lump sum payment.) 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 § 58-15-26.3 (2026).
Text
The provisions of § 58-15-26.1 do not require the payment of interest in any case in which the beneficiary elects in writing delivered to the insurer to receive the proceeds of or payments under a life insurance policy by any means other than a lump sum payment.
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Legislative History
SL 1987, ch 375, § 3.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-15-26.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-15-26.3.