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. Source: SL 1966, ch 111, ch 13, §15 (5).
South Dakota Legal Code