South Dakota Statutes

§ 58-28-24 — Statement included as to variability of benefits.

South Dakota·Title 58 INSURANCE·Ch. 58-27 SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS
Any such contract under which the benefits vary to reflect investment experience, including a group contract and any certificate in evidence of variable benefits issued thereunder, shall state that such dollar amount will so vary and shall contain on its first page a statement to the effect that the benefits thereunder are on a variable basis.

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South Dakota § 58-28-24 (Statement included as to variability of benefits.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 6, § 36 (4) as added by SL 1967, ch 131; SDCL, § 58-28-4; SL 1971, ch 266, § 2.

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