Separate Life Insurance And Annuity Accounts

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Separate Life Insurance And Annuity Accounts

Checkout our iOS App for a better way to browser and research.

Section
58-28-1

58-28-1 to 58-28-12.Repealed by SL 1971, ch 266, §6

Section
58-28-13

Life insurers authorized to establish separate accounts--Allocations to provide insurance or annuities.

Section
58-28-14

Approval required to maintain guaranteed benefits and funds in separate account.

Section
58-28-15

Securities in which investment authorized--Not considered in applying company's investment limitations.

Section
58-28-16

Gains and losses from allocated assets credited or charged to separate account.

Section
58-28-17

Ownership by insurer--Not a trustee.

Section
58-28-18

Separate account not chargeable with liabilities from other business.

Section
58-28-19

Voting and other rights accorded to beneficiaries of accounts.

Section
58-28-20

Restrictions on transfers between accounts.

Section
58-28-21

Valuation of assets allocated to account.

Section
58-28-22

Valuation of portion of assets equal to reserve liability.

Section
58-28-23

Contract to state procedure for determining amount of variable benefits.

Section
58-28-24

Statement included as to variability of benefits.

Section
58-28-24.1

Right of annuitant to cancel--Refund by insurer.

Section
58-28-24.2

Issuance of policies by insurance company or fraternal benefit society--Delivery receipts--Certificates of mailing--Term of retention.

Section
58-28-25

Approval by director required for variable contracts.

Section
58-28-26

Factors considered by director in examining variable contracts.

Section
58-28-27

Affiliated insurer measured by factors applicable to parent.

Section
58-28-28

Grace, reinstatement, and nonforfeiture provisions required.

Section
58-28-29

Actuarial standards for reserve liability on variable contracts.

Section
58-28-30

General insurance law applicable--Exceptions.

Section
58-28-31

Regulation of variable contracts by director--Rules--Review of contracts--Disclosure document.

Section
58-28-32

Deferment of variable death benefits payment--Time period--State of emergency.

Section
58-28-33

Promulgation of rules relating to variable life insurance policies--Uniformity--Limitations.