Solicitation or sale of life insurance or annuity to active duty service member
Known as the Unauthorized Insurers False Advertising Process Act
The act spans §§ 58–58 (145 sections).
Applied in 1 court decision — leading case Sentell v. Farm Mutual Ins. (2021)
Most recently applied in Sentell v. Farm Mutual Ins. (March 2021)
Source: SL 2008, ch 272, § 2.
Sections 58-33-117 to 58-33-130, inclusive, apply only to the solicitation or sale of any life insurance or annuity product by an insurer or insurance producer to an active duty service member of the armed forces of the United States.
Nothing in §§ 58-33-117 to 58-33-130, inclusive, creates a private cause of action for a violation of §§ 58-33-117 to 58-33-130, inclusive.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.