58-15-43.11. Notice of election to comply with revised nonforfeiture.
77 words·~1 min read·
/sd/title-58/chapter-58-15/58-15-43-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After July 1, 1982, any insurer may file with the director of the Division of Insurance a written notice of its election to comply with the provisions of §§ 58-15-43.1 to 58-15-43.11 , inclusive, after a specified date before January 1, 1989, which shall be the effective date of §§ 58-15-43.1 to 58-15-43.11 , inclusive, for the insurer. If an insurer makes no election, the operative date of this section for such insurer is January 1, 1989.