The income, gains, and losses, realized or unrealized, from assets allocated to a separate account shall be credited to or charged against the account, without regard to other income, gains, or losses of the insurer.
S.D. Codified Laws § 58-28-16
Gains and losses from allocated assets credited or charged to separate account
Source: SL 1966, ch 111, ch 6, § 36 (3); SL 1967, ch 131; SDCL, § 58-28-3; SL 1971, ch 266, § 1 (1).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.