South Dakota Statutes

§ 58-16-6 — Employee group insurance--Payment of premium.

South Dakota § 58-16-6
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13GROUP LIFE INSURANCE POLICIES

This text of South Dakota § 58-16-6 (Employee group insurance--Payment of premium.) 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 § 58-16-6 (2026).

Text

The premium for a policy issued under § 58-16-2 may be paid entirely by the policyholder, or by funds paid entirely by the insured employees, or by funds contributed by both the policyholder and the insured employees. A policy on which no part of the premium is to be derived from funds contributed by the insured employees must insure all eligible employees, or all except any as to whom evidence of individual insurability is not satisfactory to the insurer.

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Legislative History

SL 1966, ch 111, ch 24, § 1 (1) (b); SL 1998, ch 288, § 3; SL 2008, ch 262, § 2.

Nearby Sections

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Bluebook (online)
South Dakota § 58-16-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-16-6.