South Dakota Statutes

§ 58-28-22 — Valuation of portion of assets equal to reserve liability.

South Dakota·Title 58 INSURANCE·Ch. 58-27 SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS
Notwithstanding § 58-28-21 , unless otherwise approved by the director, the portion, if any, of the assets of such separate account equal to the insurer's reserve liability with regard to the guaranteed benefits and funds referred to in § 58-28-14 shall be valued in accordance with the rules otherwise applicable to the insurer's assets.

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South Dakota § 58-28-22 (Valuation of portion of assets equal to reserve liability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1971, ch 266, § 1 (4).

Nearby Sections

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