South Dakota Statutes
§ 58-15-90 — Contracts without cash surrender benefits or death benefits at least equal to minimum nonforfeiture amount--Statement in contract.
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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South Dakota § 58-15-90 (Contracts without cash surrender benefits or death benefits at least equal to minimum nonforfeiture amount--Statement in contract.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2004, ch 299, § 9.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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.