Section 58-28-16 - Gains and losses from allocated assets credited or charged to separate account. - South-dakota Statutes

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58-28-16. Gains and losses from allocated assets credited or charged to separate account. The income, gains, and losses, realized or unrealized, from assets allocated to a separate account shall be credited to or charged against the account, without regard to other income, gains, or losses of the insurer.

Source: SL 1966, ch 111, ch 6, § 36 (3); SL 1967, ch 131; SDCL, § 58-28-3; SL 1971, ch 266, § 1 (1).

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-28 > Statute-58-28-16

58-28-16. Gains and losses from allocated assets credited or charged to separate account. The income, gains, and losses, realized or unrealized, from assets allocated to a separate account shall be credited to or charged against the account, without regard to other income, gains, or losses of the insurer.

Source: SL 1966, ch 111, ch 6, § 36 (3); SL 1967, ch 131; SDCL, § 58-28-3; SL 1971, ch 266, § 1 (1).

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State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-28 > Statute-58-28-16

58-28-16. Gains and losses from allocated assets credited or charged to separate account. The income, gains, and losses, realized or unrealized, from assets allocated to a separate account shall be credited to or charged against the account, without regard to other income, gains, or losses of the insurer.

Source: SL 1966, ch 111, ch 6, § 36 (3); SL 1967, ch 131; SDCL, § 58-28-3; SL 1971, ch 266, § 1 (1).