South Dakota Statutes

§ 58-15-43.2 — Nonforfeiture net level premium determined.

South Dakota § 58-15-43.2
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13LIFE INSURANCE AND ANNUITIES

This text of South Dakota § 58-15-43.2 (Nonforfeiture net level premium determined.) 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 § 58-15-43.2 (2026).

Text

The nonforfeiture net level premium is equal to the present value, at the date of issue of the policy, of the guaranteed benefits provided for by the policy divided by the present value, at the date of issue of the policy, of an annuity of one per annum payable on the date of issue of the policy and on each anniversary of the policy on which a premium falls due.

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Legislative History

SL 1982, ch 357, § 6.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-15-43.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-15-43.2.