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Section 58-28-24 - Statement included as to variability of benefits — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 58-28-24 - Statement included as to variability of benefits

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58-28-24. Statement included as to variability of benefits.Any such contract under which the benefits vary to reflect investment experience, including a group contract and any certificate in evidence of variable benefits issued thereunder, shall state that such dollar amount will so vary and shall contain on its first page a statement to the effect that the benefits thereunder are on a variable basis. Source: SL 1966, ch 111, ch 6, §36 (4) as added by SL 1967, ch 131; SDCL, §58-28-4; SL 1971, ch 266, §2.