South Dakota Statutes

§ 58-15-90 — Contracts without cash surrender benefits or death benefits at least equal to minimum nonforfeiture amount--Statement in contract.

South Dakota § 58-15-90
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13LIFE INSURANCE AND ANNUITIES

This text of South Dakota § 58-15-90 (Contracts without cash surrender benefits or death benefits at least equal to minimum nonforfeiture amount--Statement in contract.) 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 § 58-15-90 (2026).

Text

A contract that does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that such benefits are not provided.

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Legislative History

SL 2004, ch 299, § 9.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-15-90, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-15-90.