State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-15 > Statute-58-15-69

58-15-69. Reinstated life insurance policy or annuity contract--Limitation of liability. When any life insurance policy or annuity contract is reinstated, such reinstated policy or contract may exclude or restrict liability to the same extent that such liability could have been or was excluded or restricted when the policy or contract was originally issued and such exclusion or restriction shall be effective from the date of reinstatement.

Source: SL 1966, ch 111, ch 23, § 31 (2).

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-15 > Statute-58-15-69

58-15-69. Reinstated life insurance policy or annuity contract--Limitation of liability. When any life insurance policy or annuity contract is reinstated, such reinstated policy or contract may exclude or restrict liability to the same extent that such liability could have been or was excluded or restricted when the policy or contract was originally issued and such exclusion or restriction shall be effective from the date of reinstatement.

Source: SL 1966, ch 111, ch 23, § 31 (2).