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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-28-17: Ownership by insurer--Not a trustee.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-28. SEPARATE LIFE INSURANCE AND ANNUITY ACCOUNTS

Amounts allocated to a separate account in the exercise of the power granted by this chapter shall be owned by the insurer, and the insurer shall not be, nor hold itself out to be, a trustee with respect to such amounts.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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