<html> <head> <title>Rule 20:06:38:20 Annual report -- Policies without nonforfeiture values.</title> <META NAME="Keywords" Content="Administrative Rules 20:06:38:20"> <META NAME="Description" Content="Administrative Rules 20:06:38:20 Annual report -- Policies without nonforfeiture values."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20:06:38:20.&nbsp;&nbsp;Annual report -- Policies without nonforfeiture values.</b> 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.</p> <p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Source:</b> 23 SDR 228, effective July 1, 1997.</p> <p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-33-5.1">58-33-5.1.</A></p> <p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-33-5.1">58-33-5.1.</A></p> </div> </body> </html>