20:06:08:56Signed statement requirements.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Each insurer shall require with or as a part of each application for life insurance or an annuity a signed statement by both the applicant and the producer as to whether the applicant has existing policies or contracts. Each insurer shall require a completed notice regarding replacements as contained in Appendix D with each application for life insurance or an annuity that indicates an existing policy or contract.
Source: 39 SDR 55, effective October 4, 2012.