58-33-12. Unfair discrimination as misdemeanor--Life insurance and annuities.No person shall make or permit any unfair discrimination between individuals of the same class and equal expectation of life in the rates charged for any contract of life insurance or of life annuity or in the dividends or other benefits payable thereon, or in any other of the terms and conditions of such contract. Violation of this section is a Class 2 misdemeanor. Source: SL 1966, ch 111, ch 13, §12 (1); SL 1978, ch 359, §2.
South Dakota Legal Code