South Dakota § 58-15-65 - Reversionary annuity contract--Standard provisions.
Full text of South Dakota South Dakota Codified Laws § 58-15-65 — Reversionary annuity contract--Standard provisions., with citation guidance and answers to common questions.
§ 58-15-65. Reversionary annuity contract--Standard provisions.
Except as stated in § 58-15-67, no contract for a reversionary annuity shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in §§ 58-15-59 to 58-15-63, inclusive, except that under § 58-15-62 the insurer may at its option provide for an equitable reduction of the amount of the annuity payments in settlement of an overdue payment in lieu of providing for deduction of such payments from an amount payable upon settlement under the contract.
Source: SL 1966, ch 111, ch 23, § 25 (1) (a).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-15-65
What does South Dakota Codified Laws § 58-15-65 cover?
Section 58-15-65 ("Reversionary annuity contract--Standard provisions.") 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 § 58-15-65?
A common citation format is "South Dakota Codified Laws § 58-15-65" (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 § 58-15-65 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.