The director may promulgate rules, pursuant to chapter 1-26, to provide definition of terms, notification requirements, exemption criteria, beneficiary searches, and forms.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In South Dakota Codified Laws 58-15-107

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC

Source: SL 2018, ch 280, § 14.