South Dakota Statutes

§ 58-26-69 — Tables used for annuities and pure endowments purchased under group contracts after July 1, 1978--Interest.

South Dakota § 58-26-69
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-26VALUATION OF ASSETS, LIABILITIES AND RESERVES

This text of South Dakota § 58-26-69 (Tables used for annuities and pure endowments purchased under group contracts after July 1, 1978--Interest.) 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 § 58-26-69 (2026).

Text

The tables that shall be used for all annuities and pure endowments purchased on or after July 1, 1978, under group annuity and pure endowment contracts, excluding any disability and accidental death benefits purchased under the contracts are: the 1971 Group Annuity Mortality Table, or any group annuity mortality table adopted after 1980 by the NAIC, that is approved by rules promulgated pursuant to chapter 1-26 by the director for use in determining the minimum standard of valuation for annuities and pure endowments, or any modification of these tables approved by the director, and seven and one-half percent interest.

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Legislative History

SL 1995, ch 284, § 25; SL 2015, ch 254, § 14.

Nearby Sections

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Bluebook (online)
South Dakota § 58-26-69, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-26-69.