2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 15 - Life Insurance And Annuities
§ 58-15-42 Notice by company of election to comply with nonforfeiture benefitprovisions--Filing with director.
58-15-42. Notice by company of election to comply with nonforfeiture benefit provisions--Filing with director. After July 1, 1966, any company could file with the director a written notice of its election to comply with the provisions of §§ 58-15-31 to 58-15-43, inclusive, after a specified date before January 1, 1967. After the filing of such notice, then upon such specified date, which shall be the operative date of said sections for such company, this section became operative with respect to the policies thereafter issued by such company. If a company made no such election, the operative date of said sections for such company shall be January 1, 1967.
Source: SL 1966, ch 111, ch 23, § 28 (8).
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