S.D. Codified Laws § 58-33-19

Current through the 2024 Legislative Session
Section 58-33-19 - Readjustment of premium rate permitted for group policy based on loss or expense experience

Nothing in §§ 58-33-14 and 58-33-15 shall be construed as including within the definition of discrimination or rebates, readjustment of the rate of premium for a group insurance policy based on the loss or expense experience thereunder, at the end of the first or any subsequent policy year of insurance thereunder, which may be made retroactive only for such policy year.

SDCL 58-33-19

SL 1966, ch 111, ch 13, § 15 (3).