South Dakota Statutes

§ 58-28-21 — Valuation of assets allocated to account.

South Dakota·Title 58 INSURANCE·Ch. 58-27 SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS
Unless otherwise approved by the director, assets allocated to a separate account shall be valued at their market value on the date of valuation, or if there is no readily available market, then as provided under the terms of the contract or the rules or other written agreement applicable to such separate account.

Free access — add to your briefcase to read the full text and ask questions with AI

South Dakota § 58-28-21 (Valuation of assets allocated to account.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 6, § 36 (10); § 36 (8) as amended by SL 1967, ch 131; SDCL, § 58-28-8; SL 1971, ch 266, § 1 (4).

Nearby Sections

15
View on official source ↗