There is a newer version of the South Dakota Codified Laws
2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 16 - Group Life Insurance Policies
§ 58-16-44 Insurers to pay interest on life insurance proceeds.
SD Codified L § 58-16-44 (2013) What's This?
58-16-44. Insurers to pay interest on life insurance proceeds. Any insurer admitted to transact life insurance in this state shall pay interest on proceeds of, or payments under, any individual or group policy of life insurance which are payable to any beneficiary under a policy issued for delivery in this state.
Source: SL 1987, ch 375, § 1.
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