Section 58-28-18 - Separate account not chargeable with liabilities from other business. - South Dakota Statutes

58-28-18. Separate account not chargeable with liabilities from other business. If and to the extent so provided under the applicable contracts, that portion of the assets of any such separate account equal to the reserves and other contract liabilities with respect to such account shall not be chargeable with liabilities arising out of any other business the insurer may conduct.

Source: SL 1966, ch 111, ch 6, § 36 as added by SL 1969, ch 131; SDCL Supp, § 58-28-6.1; SL 1971, ch 266, § 1 (5).