S.D. Admin. R. 20:06:07:01

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:06:07:01 - Definitions

Terms used in this chapter mean:

(1) "Contract on a variable basis" or "variable contract," a policy or contract which provides for insurance or annuity benefits which may vary according to the investment experience of any separate account or accounts maintained by the insurer for the policy or contract, as provided in SDCL 58-28;

(2) "NAIC," National Association of Insurance Commissioners.

S.D. Admin. R. 20:06:07:01

4 SDR 6, effective 8/9/1977; 12 SDR 117, effective 1/19/1986; 12 SDR 151, 12 SDR 155, effective 7/1/1986; 16 SDR 208, effective 6/3/1990.

General Authority: SDCL 58-28-31.

Law Implemented: SDCL 58-28-31.