S.D. Codified Laws § 58-33-21

Current through the 2024 Legislative Session

Section 58-33-21 - Reduced rate permitted for life or health insurance policies or annuity contracts on payroll deduction plan

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.

SDCL 58-33-21

SL 1966, ch 111, ch 13, § 15 (5).