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2019 South Dakota Codified Laws
Title 58 - Insurance
Chapter 33A - Standards For Advertisement, Solicitation, And Sale Of Life And Health Insurance
§ 58-33A-17.1 Reasonable basis to believe annuity is suitable based on suitability information.
Universal Citation: SD Codified L § 58-33A-17.1 (2019)
58-33A-17.1. Reasonable basis to believe annuity is suitable based on suitability information. Except as permitted under §§ 58-33A-18 and 58-33A-19, no insurer may issue an annuity recommended to a consumer unless there is a reasonable basis to believe the annuity is suitable based on the consumer's suitability information.
Source: SL 2012, ch 250, § 3.
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