The total exemption under § 58-12-6 of benefits presently due and payable to any annuitant periodically or at stated times under all annuity contracts under which he is an annuitant, shall not at any time exceed two hundred and fifty dollars per month for the length of time represented by such installments, and such periodic payments in excess of two hundred and fifty dollars per month shall be subject to levy in the manner provided by law and the rules of court.
S.D. Codified Laws § 58-12-8
Maximum amount of annuity exemption--Excess subject to levy
Applied in 4 court decisions — leading case Champion v. United States Fidelity & Guaranty Co. (1987)
Most recently applied in Biegler v. American Family Mutual Insurance Co. (January 2001)
Source: SL 1966, ch 111, ch 22, § 32 (1) (b).
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.