20:06:38:20Annual report -- Policies without nonforfeiture
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
values. Insurers writing life insurance policies that do not build nonforfeiture values must provide an annual report on these policies only for those years when a change has been made to nonguaranteed policy elements by the insurer.
Source: 23 SDR 228, effective July 1, 1997.