{"data":{"id":"us-sd/sdcl-58-33-126","jurisdiction":"us-sd","citation":"SDCL § 58-33-126","heading":"Using the credited interest rate as net return or misrepresenting mortality costs considered false, misleading, deceptive, or unfair.","body":"The following acts or practices by an insurer or insurance producer are declared to be false, misleading, deceptive, or unfair:\n(1) Using or describing the credited interest rate on a life insurance policy in a manner that implies that the credited interest rate is a net return on premium paid; or\n(2) Excluding individually issued annuities, misrepresenting the mortality costs of a life insurance product, including, stating, or implying that the product costs nothing or is free.","path":["TITLE 58. INSURANCE","CHAPTER 58-33. UNFAIR TRADE PRACTICES"],"source_url":"https://sdlegislature.gov/Statutes/58-33-126","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"76069a85e1b5286a854883fad7c009958a4074e65bbbae003fa37a3f05f7a116","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-33-125","next":"us-sd/sdcl-58-33-127"},"notice":"GroundRules: Original legal text. Not legal advice."}