58-15-108. Compliance with unclaimed property act.
51 words·~1 min read·
/sd/title-58/chapter-58-15/58-15-108·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the provisions of this chapter, if an insurer fails to locate a beneficiary following a beneficiary search, the insurer shall report and remit the proceeds pursuant to chapter 43-41B .
Any insurer subject to §§ 58-15-94 to 58-15-108 , inclusive, shall comply with all applicable requirements in chapter 43-41B .