South Dakota Statutes

§ 58-16-42 — Payment of death benefit--Designated beneficiary--Person incurring expenses incident to last illness or death.

South Dakota § 58-16-42
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13GROUP LIFE INSURANCE POLICIES

This text of South Dakota § 58-16-42 (Payment of death benefit--Designated beneficiary--Person incurring expenses incident to last illness or death.) 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 § 58-16-42 (2026).

Text

Except as provided in § 58-16-31 , a policy of group life insurance shall contain a provision that any sum becoming due by reason of the death of the person insured shall be payable to the beneficiary designated by the person insured, subject to the provisions of the policy in the event there is no designated beneficiary, as to all or any part of such sum, living at the death of the person insured, and subject to any right reserved by the insurer in the policy and set forth in the certificate to pay at its option a part of such sum not exceeding five hundred dollars to any person appearing to the insurer to be equitably entitled thereto by reason of having incurred funeral or other expenses incident to the last illness or death of the person insured.

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Legislative History

SL 1966, ch 111, ch 24, § 3 (6).

Nearby Sections

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Bluebook (online)
South Dakota § 58-16-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-16-42.