2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 15 - Life Insurance And Annuities
§ 58-15-43.9 Nonforfeiture interest rate per annum.


SD Codified L § 58-15-43.9 (2013) What's This?

58-15-43.9. Nonforfeiture interest rate per annum. The nonforfeiture interest rate per annum for any policy issued in a particular calendar year is equal to one hundred twenty-five percent of the calendar year statutory valuation interest rate for the policy as defined in the standard valuation law, rounded to the nearer one quarter of one percent.

Source: SL 1982, ch 357, § 13.

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