Section 58-28-21 - Valuation of assets allocated to account. - South-dakota Statutes

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-28 > Statute-58-28-21

58-28-21. Valuation of assets allocated to account. Unless otherwise approved by the director, assets allocated to a separate account shall be valued at their market value on the date of valuation, or if there is no readily available market, then as provided under the terms of the contract or the rules or other written agreement applicable to such separate account.

Source: SL 1966, ch 111, ch 6, § 36 (10); § 36 (8) as amended by SL 1967, ch 131; SDCL, § 58-28-8; SL 1971, ch 266, § 1 (4).

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-28 > Statute-58-28-21

58-28-21. Valuation of assets allocated to account. Unless otherwise approved by the director, assets allocated to a separate account shall be valued at their market value on the date of valuation, or if there is no readily available market, then as provided under the terms of the contract or the rules or other written agreement applicable to such separate account.

Source: SL 1966, ch 111, ch 6, § 36 (10); § 36 (8) as amended by SL 1967, ch 131; SDCL, § 58-28-8; SL 1971, ch 266, § 1 (4).

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-28 > Statute-58-28-21

58-28-21. Valuation of assets allocated to account. Unless otherwise approved by the director, assets allocated to a separate account shall be valued at their market value on the date of valuation, or if there is no readily available market, then as provided under the terms of the contract or the rules or other written agreement applicable to such separate account.

Source: SL 1966, ch 111, ch 6, § 36 (10); § 36 (8) as amended by SL 1967, ch 131; SDCL, § 58-28-8; SL 1971, ch 266, § 1 (4).