SDCL § 58-15-15.5: Published monthly average defined.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-15. LIFE INSURANCE AND ANNUITIES
For purposes of §§ 58-15-15.4 to 58-15-15.12, inclusive, the "published monthly average" means Moody's corporate bond yield average--monthly average corporates, as published by Moody's investors service, incorporated, by yearly order of the director, or in the event that Moody's corporate bond yield average--monthly average corporates is no longer published, a substantially similar average, established by rule promulgated by the director.
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