58-5-106. Dividends on participating policies not contingent on renewal premiums.
24 words·~1 min read·
/sd/title-58/chapter-58-5/58-5-106·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After the third policy year, no dividend otherwise earned shall be made contingent upon the payment of a renewal premium on any participating policy.