South Dakota Statutes

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

South Dakota § 58-28-31
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-27SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS

This text of South Dakota § 58-28-31 (Regulation of variable contracts by director--Rules--Review of contracts--Disclosure document.) 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 § 58-28-31 (2026).

Text

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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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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Bluebook (online)
South Dakota § 58-28-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-28-31.