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2020 South Dakota Codified Laws
Title 58 - Insurance
Chapter 15 - Life Insurance And Annuities
Section 58-15-97 - Semi-annual comparison of lapsed policies, annuity contracts, and retained asset accounts against updated DMF.
Universal Citation: SD Codified L § 58-15-97 (2020)
58-15-97. Semi-annual comparison of lapsed policies, annuity contracts, and retained asset accounts against updated DMF.
An insurer shall compare all in-force policies, annuity contracts, and retained asset accounts and policies that lapse in its records against any updates to the DMF on at least a semi-annual basis to identify potential matches of its insureds.
Source: SL 2018, ch 280, ยง4.
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