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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 15 - Life Insurance And Annuities
§ 58-15-108 Compliance with unclaimed property act.
Universal Citation: SD Codified L § 58-15-108 (2019)
58-15-108. Compliance with unclaimed property act. Notwithstanding the provisions of this chapter, if an insurer fails to locate a beneficiary following a beneficiary search, the insurer shall report and remit the proceeds pursuant to chapter 43-41B.
Any insurer subject to §§ 58-15-94 to 58-15-108, inclusive, shall comply with all applicable requirements in chapter 43-41B.
Source: SL 2018, ch 280, § 15.
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