Section 58-15-57 - Annuity and endowment contracts--Standard provisions required,exceptions. - South-dakota Statutes

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58-15-57. Annuity and endowment contracts--Standard provisions required, exceptions. No annuity or pure endowment contract, other than reversionary, survivorship, or group annuities and except as stated herein or in § 58-15-58, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in §§ 58-15-59 to 58-15-64, inclusive. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.

Source: SL 1966, ch 111, ch 23, § 18 (1).

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-15 > Statute-58-15-57

58-15-57. Annuity and endowment contracts--Standard provisions required, exceptions. No annuity or pure endowment contract, other than reversionary, survivorship, or group annuities and except as stated herein or in § 58-15-58, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in §§ 58-15-59 to 58-15-64, inclusive. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.

Source: SL 1966, ch 111, ch 23, § 18 (1).

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State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-15 > Statute-58-15-57

58-15-57. Annuity and endowment contracts--Standard provisions required, exceptions. No annuity or pure endowment contract, other than reversionary, survivorship, or group annuities and except as stated herein or in § 58-15-58, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in §§ 58-15-59 to 58-15-64, inclusive. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.

Source: SL 1966, ch 111, ch 23, § 18 (1).