S.D. Codified Laws § 58-16-46
Current with legislation signed by the governor on or before 3/6/2024
The provisions of § 58-16-44 do not require the payment of interest in any case in which the beneficiary elects in writing delivered to the insurer to receive the proceeds of or payments under a life insurance policy by any means other than a lump sum payment.
SDCL 58-16-46