South Dakota § 58-15-82 - Uniform life insurance and annuity request forms--Director to adopt by rule--Insurers to accept.
Full text of South Dakota South Dakota Codified Laws § 58-15-82 — Uniform life insurance and annuity request forms--Director to adopt by rule--Insurers to accept., with citation guidance and answers to common questions.
§ 58-15-82. Uniform life insurance and annuity request forms--Director to adopt by rule--Insurers to accept.
If a policyholder has made a request to cash surrender, to obtain maximum policy loans, or to make an Internal Revenue Code Section 1035 exchange under a life insurance or an annuity policy, the insurer shall forward to the policyholder or the policyholder's insurance producer, within thirty calendar days of receiving the request for the form, any required form to accomplish such transaction. If the insurer does not do so, the policyholder may utilize a uniform life insurance or annuity form for such purpose. The director shall adopt the uniform life insurance and annuity forms by rules promulgated pursuant to chapter 1-26. If the insurer has failed to submit its form to the policyholder or the policyholder's insurance producer within the time period required by this section, the insurer shall accept the uniform form as adopted by the director and may not require the use of any additional form.
Source: SL 2002, ch 234, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-15-82
What does South Dakota Codified Laws § 58-15-82 cover?
Section 58-15-82 ("Uniform life insurance and annuity request forms--Director to adopt by rule--Insurers to accept.") 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 § 58-15-82?
A common citation format is "South Dakota Codified Laws § 58-15-82" (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 § 58-15-82 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.