S.D. Codified Laws § 58-28-18

Current through the 2024 Legislative Session

Section 58-28-18 - Separate account not chargeable with liabilities from other business

If and to the extent so provided under the applicable contracts, that portion of the assets of any such separate account equal to the reserves and other contract liabilities with respect to such account shall not be chargeable with liabilities arising out of any other business the insurer may conduct.

SDCL 58-28-18

SL 1966, ch 111, ch 6, § 36 as added by SL 1969, ch 131; SDCL Supp, § 58-28-6.1; SL 1971, ch 266, § 1 (5).