Compliance with unclaimed property act.

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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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