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Code · South Dakota · Title 58 · Chapter 58-15

58-15-93. Election to apply provisions of §§ 58-15-83 to 58-15-93 to annuity contracts--Application of provisions after second anniversary.

77 words·~1 min read·/sd/title-58/chapter-58-15/58-15-93·

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After July 1, 2004, a company may elect to apply its provisions to annuity contracts on a contract form - by - contract form basis before the second anniversary of the effective date of §§ 58-15-83 to 58-15-93 , inclusive. In all other instances, §§ 58-15-83 to 58-15-93 , inclusive, shall become operative with respect to annuity contracts issued by the company after the second anniversary of the effective date of §§ 58-15-83 to 58-15-93 , inclusive.
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