Notice of election to comply with revised nonforfeiture.

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58-15-43.11. Notice of election to comply with revised nonforfeiture.

After July 1, 1982, any insurer may file with the director of the Division of Insurance a written notice of its election to comply with the provisions of §§58-15-43.1 to 58-15-43.11, inclusive, after a specified date before January 1, 1989, which shall be the effective date of §§58-15-43.1 to 58-15-43.11, inclusive, for the insurer. If an insurer makes no election, the operative date of this section for such insurer is January 1, 1989.

Source: SL 1982, ch 357, §15.


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