S.D. Codified Laws § 58-15-108

Current through the 2024 Legislative Session

Section 58-15-108 - Compliance with unclaimed property act

Notwithstanding the provisions of this chapter, if an insurer fails to locate a beneficiary following a beneficiary search, the insurer shall report and remit the proceeds pursuant to chapter 43-41B.

Any insurer subject to §§ 58-15-94 to 58-15-108, inclusive, shall comply with all applicable requirements in chapter 43-41B.

SDCL 58-15-108

SL 2018, ch 280, §15.

Added by S.L. 2018, ch. 280,s. 15, eff. 7/1/2018.