2011 South Dakota Code
Title 58 INSURANCE
Chapter 28. Separate Life Insurance And Annuity Accounts
§58-28-21 Valuation of assets allocated to account.


SD Codified L § 58-28-21 (through 2011) What's This?

58-28-21. Valuation of assets allocated to account. Unless otherwise approved by the director, assets allocated to a separate account shall be valued at their market value on the date of valuation, or if there is no readily available market, then as provided under the terms of the contract or the rules or other written agreement applicable to such separate account.

Source: SL 1966, ch 111, ch 6, § 36 (10); § 36 (8) as amended by SL 1967, ch 131; SDCL, § 58-28-8; SL 1971, ch 266, § 1 (4).

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