South Dakota Statutes
§ 58-15-63 — Participating annuity or endowment contract--Ascertainment and apportionment of divisible surplus.
South Dakota § 58-15-63
This text of South Dakota § 58-15-63 (Participating annuity or endowment contract--Ascertainment and apportionment of 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 § 58-15-63 (2026).
Text
If an annuity or pure endowment contract, other than reversionary, survivorship, or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.
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Legislative History
SL 1966, ch 111, ch 23, § 23.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-15-63, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-15-63.