58-33-21. Reduced rate permitted for life or health insurance policies or annuity contracts on payroll deduction plan.
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/sd/title-58/chapter-58-33/58-33-21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in §§ 58-33-14 and 58-33-15 shall be construed as including within the definition of discrimination or rebates, issuing life or health insurance policies or annuity contracts on a salary savings or payroll deduction plan or other distribution plan at reduced rate reasonably commensurate with the savings made by the use of such plan.