South Dakota Statutes

§ 58-26-65 — Tables used for individual annuity and pure endowment contracts issued prior to July 1, 1978--Interest.

South Dakota·Title 58 INSURANCE·Ch. 58-26 VALUATION OF ASSETS, LIABILITIES AND RESERVES
The tables that shall be used for individual annuity and pure endowment contracts issued prior to July 1, 1978, excluding any disability and accidental death benefits in the contracts are: the 1971 Individual Annuity Mortality Table or any modification of this table approved by the director, and six percent interest for single premium immediate annuity contracts, and four percent interest for all other individual annuity and pure endowment contracts.

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South Dakota § 58-26-65 (Tables used for individual annuity and pure endowment contracts issued prior to July 1, 1978--Interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1995, ch 284, § 21.

Nearby Sections

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