South Dakota § 58-15-43.3 - Initial calculation of changes in benefits or premiums--Recalculation after change.
Full text of South Dakota South Dakota Codified Laws § 58-15-43.3 — Initial calculation of changes in benefits or premiums--Recalculation after change., with citation guidance and answers to common questions.
§ 58-15-43.3. Initial calculation of changes in benefits or premiums--Recalculation after change.
In the case of a policy which causes, on a basis guaranteed in the policy, unscheduled changes in benefits or premiums, or which provides an option for changes in benefits or premiums other than a change to a new policy, the adjusted premiums and present values shall initially be calculated on the assumption that future benefits and premiums do not change from those stipulated at the date of issue of the policy. At the time of any such change in the benefits or premiums, the future adjusted premiums, nonforfeiture net level premiums and present values shall be recalculated on the assumption that future benefits and premiums do not change from those stipulated by the policy immediately after the change.
Source: SL 1982, ch 357, § 7.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-15-43.3
What does South Dakota Codified Laws § 58-15-43.3 cover?
Section 58-15-43.3 ("Initial calculation of changes in benefits or premiums--Recalculation after change.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-15-43.3?
A common citation format is "South Dakota Codified Laws § 58-15-43.3" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-15-43.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.