South Dakota § 58-15-46 - Excluding or restricting coverage in case of death--Return of premiums, adjustment for indebtedness and dividend credits.
Full text of South Dakota South Dakota Codified Laws § 58-15-46 — Excluding or restricting coverage in case of death--Return of premiums, adjustment for indebtedness and dividend credits., with citation guidance and answers to common questions.
§ 58-15-46. Excluding or restricting coverage in case of death--Return of premiums, adjustment for indebtedness and dividend credits.
A policy which contains any exclusion or restriction pursuant to § 58-15-45 shall also provide that in the event of death under the circumstances to which any such exclusion or restriction is applicable, the insurer will return all premiums received under the policy with adjustment for indebtedness and dividend credits. If the policy is a variable policy, the insurer may, if the policy so provides, return all premiums received under the policy with adjustment for indebtedness and adjustment to reflect the investment experience of the separate account.
Source: SL 1966, ch 111, ch 23, § 26 (2); SL 2001, ch 54, § 7.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-15-46
What does South Dakota Codified Laws § 58-15-46 cover?
Section 58-15-46 ("Excluding or restricting coverage in case of death--Return of premiums, adjustment for indebtedness and dividend credits.") 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 § 58-15-46?
A common citation format is "South Dakota Codified Laws § 58-15-46" (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 § 58-15-46 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.