South Dakota Statutes

§ 58-28-13 — Life insurers authorized to establish separate accounts--Allocations to provide insurance or annuities.

South Dakota § 58-28-13
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-27SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS

This text of South Dakota § 58-28-13 (Life insurers authorized to establish separate accounts--Allocations to provide insurance or annuities.) 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 § 58-28-13 (2026).

Text

A domestic life insurer, including for the purposes of this chapter all domestic fraternal beneficiary associations, societies or companies which operate on a legal reserve basis may establish one or more separate accounts, and may allocate thereto amounts, including without limitation proceeds applied under optional modes of settlement or under dividend options, to provide for life insurance or annuities, and benefits incidental thereto, payable in fixed or variable amounts or both, subject to §§ 58-28-14 to 58-28-22 , inclusive.

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Legislative History

SL 1966, ch 111, ch 6, § 36 (2); § 36 (1) as amended by SL 1967, ch 131; SDCL, §

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Bluebook (online)
South Dakota § 58-28-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-28-13.