South Dakota Statutes

§ 58-15-69 — Reinstated life insurance policy or annuity contract--Limitation of liability.

South Dakota·Title 58 INSURANCE·Ch. 58-13 LIFE INSURANCE AND ANNUITIES
When any life insurance policy or annuity contract is reinstated, such reinstated policy or contract may exclude or restrict liability to the same extent that such liability could have been or was excluded or restricted when the policy or contract was originally issued and such exclusion or restriction shall be effective from the date of reinstatement.

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South Dakota § 58-15-69 (Reinstated life insurance policy or annuity contract--Limitation of liability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 23, § 31 (2).

Nearby Sections

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