58-15-57. Annuity and endowment contracts--Standard provisions required, exceptions.
74 words·~1 min read·
/sd/title-58/chapter-58-15/58-15-57·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No annuity or pure endowment contract, other than reversionary, survivorship, or group annuities and except as stated herein or in § 58-15-58 , shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in §§ 58-15-59 to 58-15-64 , inclusive. Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.