South Dakota Statutes

§ 58-37A-16 — Contractual benefits allowed.

South Dakota § 58-37A-16
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-37AFRATERNAL BENEFIT SOCIETIES

This text of South Dakota § 58-37A-16 (Contractual benefits allowed.) 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 § 58-37A-16 (2026).

Text

A society may provide the following contractual benefits in any form:

(1)Death benefits;
(2)Endowment benefits;
(3)Annuity benefits;
(4)Temporary or permanent disability benefits;
(5)Hospital, medical, or nursing benefits;
(6)Monument or tombstone benefits to the memory of deceased members; and (7) Any other benefits as authorized for life and health insurers and which are not inconsistent with this chapter. A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult.

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Legislative History

SL 1990, ch 410, § 16.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-37A-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-37A-16.