2011 South Dakota Code
Title 58 INSURANCE
Chapter 28. Separate Life Insurance And Annuity Accounts
§58-28-31 Regulation of variable contracts by director--Rules--Review of contracts--Disclosure document.


SD Codified L § 58-28-31 (through 2011) What's This?

58-28-31. Regulation of variable contracts by director--Rules--Review of contracts--Disclosure document. 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 Securities may, upon request by the director, review the underlying investments in securities of variable contracts. The Division of Securities may require filing a disclosure document with the division of securities pursuant to chapter 47-31B.

Source: 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.

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