South Dakota Statutes

§ 58-28-31 — Regulation of variable contracts by director--Rules--Review of contracts--Disclosure document.

South Dakota·Title 58 INSURANCE·Ch. 58-27 SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS
The director has sole authority to regulate the issuance and sale of variable contracts and promulgate rules to carry out the purposes and provisions of this chapter. The Division of Insurance may, upon request by the director, review the underlying investments in securities of variable contracts. The Division of Insurance may require filing a disclosure document with the Division of Insurance pursuant to chapter 47-31B .

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South Dakota § 58-28-31 (Regulation of variable contracts by director--Rules--Review of contracts--Disclosure document.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 6, § 36(10) as added by SL 1967, ch 131; SDCL § 58-28-11; SL 1969, ch 133; SL 1971, ch 266, § 4; SL 1986, ch 22, § 37; SL 1993, ch 365; SL 2004, ch 278, § 66; SL 2017, ch 231 (Ex. Ord.

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