South Dakota Statutes

§ 58-15-42 — Notice by company of election to comply with nonforfeiture benefit provisions--Filing with director.

South Dakota § 58-15-42
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13LIFE INSURANCE AND ANNUITIES

This text of South Dakota § 58-15-42 (Notice by company of election to comply with nonforfeiture benefit provisions--Filing with director.) 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 § 58-15-42 (2026).

Text

After July 1, 1966, any company could file with the director a written notice of its election to comply with the provisions of §§ 58-15-31 to 58-15-43 , inclusive, after a specified date before January 1, 1967. After the filing of such notice, then upon such specified date, which shall be the operative date of said sections for such company, this section became operative with respect to the policies thereafter issued by such company. If a company made no such election, the operative date of said sections for such company shall be January 1, 1967.

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Legislative History

SL 1966, ch 111, ch 23, § 28 (8).

Nearby Sections

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Bluebook (online)
South Dakota § 58-15-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-15-42.