58-28-30. General insurance law applicable--Exceptions.
Except for §§58-15-13, 58-15-14, 58-15-15, 58-15-17, 58-15-18, 58-15-19, 58-15-21, 58-15-22, 58-15-29, 58-15-31, 58-15-32, 58-15-33, 58-15-34, 58-15-35, 58-15-36, 58-15-38, 58-15-39, and 58-27-108, as in the case of a variable life insurance policy, §§58-15-57, 58-15-62, 58-15-64, 58-15-65, 58-15-66, 58-15-83 to 58-15-93, inclusive, and 58-27-108, as in the case of a variable annuity contract and except as is otherwise provided in this chapter, all pertinent provisions of the insurance code apply to separate accounts and contracts relating thereto.
Source: SL 1966, ch 111, ch 6, §36 (11) as added by SL 1967, ch 131; SDCL, §58-28-12; SL 1971, ch 266, §5; SL 1977, ch 412, §22; SL 1990, ch 30, §17; SL 1997, ch 294, §31; SL 2003, ch 251, §1; SL 2021, ch 210, § 17.
Structure South Dakota Codified Laws
Chapter 28 - Separate Life Insurance And Annuity Accounts
Section 58-28-14 - Approval required to maintain guaranteed benefits and funds in separate account.
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 58-28-25 - 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 58-28-32 - Deferment of variable death benefits payment--Time period--State of emergency.