<HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS 21-3A PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 21-3A PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS "> <META NAME="Description" Content="South Dakota Codified Laws 21-3A"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: HG4 --><Div align="center"><!-- WP Style End: HG4 --> CHAPTER 21-3A <!-- WP Paired Style Off: HG4 --><!-- WP Style End: HG4 --> </Div> <br> <!-- WP Paired Style On: HG4C --><Div align="center"><!-- WP Style End: HG4C --> PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS <!-- WP Paired Style Off: HG4C --><!-- WP Style End: HG4C --> </Div> <br> <p> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-1">21-3A-1</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Definition of terms. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-1.1">21-3A-1.1</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Purposes of chapter. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-1.2">21-3A-1.2</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Applicability of chapter. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-2">21-3A-2</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Action for bodily injury--Effective election--Objection to election--Time requirements--Action not tried under chapter--Withdrawal of election. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-3">21-3A-3</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Calculation of damages by trier of fact. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-4">21-3A-4</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Evidence and calculation of future damages--Jury instructions concerning future damages. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-5">21-3A-5</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Judgment entered on verdict requiring special damages. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-6">21-3A-6</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Judgment for periodic installments--Adjustment--Index factor--Schedule of payments. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-7">21-3A-7</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Security authorized for payment of judgment for periodic installments. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-8">21-3A-8</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Posting of security by judgment debtor or insurer--Failure to comply--Right to lump-sum payment--Wrongful death action--Right of reimbursement. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-9">21-3A-9</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Discount factor. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-10">21-3A-10</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Survivorship of liability for installment payments--Wrongful death action--Qualifying survivor defined. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-11">21-3A-11</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Satisfaction of judgment and discharge of debtor. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-12">21-3A-12</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Rules established by director of Division of Insurance. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <br> <!-- WP Paired Style On: B --><!-- WP Style End: B --> <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=21-3A-13">21-3A-13</A> <!-- WP Style Open: IN -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: IN --> Provisions of chapter severable. <!-- WP Paired Style Off: B --><!-- WP Style End: B --> <p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045818Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045818SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045818CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045818Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045818DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045818Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045818DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045818000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045818SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045818SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045818Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-1"><span class="s2045818SENU">21-3A-1</span></a><span xml:space="preserve" class="s2045818SENU">. </span><span class="s2045818CL">Definition of terms.</span></p><p dir="ltr" class="s2045818Normal-000000"><span class="s2045818DefaultParagraphFont">Terms used in this chapter, mean:</span></p><p dir="ltr" class="s2045818Normal-000001"><span class="s2045818DefaultParagraphFont">(1)    "Bodily injury," any bodily harm, sickness, disease, or death;</span></p><p dir="ltr" class="s2045818Normal-000001"><span class="s2045818DefaultParagraphFont">(2)    "Economic loss," any pecuniary harm for which damages are recoverable;</span></p><p dir="ltr" class="s2045818Normal-000001"><span class="s2045818DefaultParagraphFont">(3)    "Future damages," any damages arising from bodily injury which the trier of fact finds will accrue after the damages findings are made;</span></p><p dir="ltr" class="s2045818Normal-000001"><span class="s2045818DefaultParagraphFont">(4)    "Noneconomic loss," any nonpecuniary harm for which damages are recoverable, but the term does not include punitive or exemplary damages;</span></p><p dir="ltr" class="s2045818Normal-000001"><span class="s2045818DefaultParagraphFont">(5)    "Past damages," any damages that have accrued when the damages findings are made, including any punitive or exemplary damages allowed by law; and</span></p><p dir="ltr" class="s2045818Normal-000001"><span class="s2045818DefaultParagraphFont">(6)    "Qualified insurer," any insurer, self</span><span class="s2045818DefaultParagraphFont-000002">-</span><span xml:space="preserve" class="s2045818DefaultParagraphFont">insurer, plan, or arrangement approved pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-12"><span class="s2045818DefaultParagraphFont">21-3A-12</span></a><span class="s2045818DefaultParagraphFont">.</span></p><p dir="ltr" class="s2045818Normal"><span xml:space="preserve" class="s2045818000003"> </span></p><p dir="ltr" class="s2045818Normal"><span class="s2045818SCL">Source:</span><span xml:space="preserve" class="s2045818SCL-000004"> SL 1986, ch 163, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045819Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045819SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045819CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045819Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045819DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045819Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045819000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045819SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045819SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045819Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-1.1"><span class="s2045819SENU">21-3A-1.1</span></a><span xml:space="preserve" class="s2045819SENU">. </span><span class="s2045819CL">Purposes of chapter.</span></p><p dir="ltr" class="s2045819Normal-000000"><span class="s2045819DefaultParagraphFont">The purposes of this chapter are to fully and fairly compensate injured parties as well as to:</span></p><p dir="ltr" class="s2045819Normal-000001"><span class="s2045819DefaultParagraphFont">(1)    Alleviate some of the practical problems incident to unpredictability of large future losses;</span></p><p dir="ltr" class="s2045819Normal-000001"><span class="s2045819DefaultParagraphFont">(2)    Effectuate more precise awards of damages for actual losses;</span></p><p dir="ltr" class="s2045819Normal-000001"><span class="s2045819DefaultParagraphFont">(3)    Pay damages as the trier of fact finds the losses will accrue; and</span></p><p dir="ltr" class="s2045819Normal-000001"><span class="s2045819DefaultParagraphFont">(4)    Assure that payments of damages more nearly serve the purposes for which they are awarded.</span></p><p dir="ltr" class="s2045819Normal"><span xml:space="preserve" class="s2045819000002"> </span></p><p dir="ltr" class="s2045819Normal"><span class="s2045819SCL">Source:</span><span xml:space="preserve" class="s2045819SCL-000003"> SL 1986, ch 163, § 15, as added by SL 1988, ch 181, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045820Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045820SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045820CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045820Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045820DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045820000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045820SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045820SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045820Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-1.2"><span class="s2045820SENU">21-3A-1.2</span></a><span xml:space="preserve" class="s2045820SENU">. </span><span class="s2045820CL">Applicability of chapter.</span></p><p dir="ltr" class="s2045820Normal-000000"><span class="s2045820DefaultParagraphFont">The provisions of this chapter apply only to any action against a physician, surgeon, dentist, hospital, sanitarium, registered nurse, licensed practical nurse, chiropractor, or other practitioner of the healing arts for malpractice, error, mistake or failure to cure, whether based upon contract or tort, and to the professional corporation or corporations of any such practitioner of the healing arts.</span></p><p dir="ltr" class="s2045820Normal"><span xml:space="preserve" class="s2045820000001"> </span></p><p dir="ltr" class="s2045820Normal"><span class="s2045820SCL">Source:</span><span xml:space="preserve" class="s2045820SCL-000002"> SL 1986, ch 163, § 16, as added by SL 1988, ch 181, § 6.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045821Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045821SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045821CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045821Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045821DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045821Normal-000001 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } p.s2045821Normal-000002 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2045821Normal-000003 { margin-left: 1.14in; text-indent: -0.44in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045821DefaultParagraphFont-000004 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045821000005 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045821SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045821SCL-000006 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045821Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-2"><span class="s2045821SENU">21-3A-2</span></a><span xml:space="preserve" class="s2045821SENU">. </span><span class="s2045821CL">Action for bodily injury--Effective election--Objection to election--Time requirements--Action not tried under chapter--Withdrawal of election.</span></p><p dir="ltr" class="s2045821Normal-000000"><span class="s2045821DefaultParagraphFont">In order to invoke this chapter, a party to an action for bodily injury shall make an effective election in accordance with this section within one hundred twenty days after service of the complaint.</span></p><p dir="ltr" class="s2045821Normal-000001"><span class="s2045821DefaultParagraphFont">The election shall be made in accordance with rules of court. Any objection to the election shall be made in accordance with rules of court within thirty days after the election has been made.</span></p><p dir="ltr" class="s2045821Normal-000001"><span class="s2045821DefaultParagraphFont">An election is effective if:</span></p><p dir="ltr" class="s2045821Normal-000002"><span class="s2045821DefaultParagraphFont">(1)    All parties have consented;</span></p><p dir="ltr" class="s2045821Normal-000002"><span class="s2045821DefaultParagraphFont">(2)    No timely objection is filed by any party; or</span></p><p dir="ltr" class="s2045821Normal-000002"><span class="s2045821DefaultParagraphFont">(3)    A timely objection is filed; but</span></p><p dir="ltr" class="s2045821Normal-000003"><span class="s2045821DefaultParagraphFont">(a)    The electing party is a claimant and shows there is a good faith claim that future damages will exceed two hundred thousand dollars; or</span></p><p dir="ltr" class="s2045821Normal-000003"><span class="s2045821DefaultParagraphFont">(b)    The electing party is a party responding to a claim for future damages in excess of two hundred thousand dollars and shows that security in the amount of the claim for past and future damages or five hundred thousand dollars, whichever is less, can be provided under this chapter.</span></p><p dir="ltr" class="s2045821Normal-000001"><span class="s2045821DefaultParagraphFont">If an objecting party shows that the purposes of this chapter would not be served by conducting the trial of the claim affecting him under this chapter, the court may determine not to try the claim under this chapter even though the conditions of subsection (a) or (b) of subdivision (3) of this section are satisfied. Such determination shall be made in accordance with rules of court.</span></p><p dir="ltr" class="s2045821Normal-000001"><span class="s2045821DefaultParagraphFont">If an effective election is on file at the commencement of trial, all actions, including third</span><span class="s2045821DefaultParagraphFont-000004">-</span><span class="s2045821DefaultParagraphFont">party claims, counterclaims and actions consolidated for trial, shall be tried under this chapter unless the court finds that the purposes of this chapter would not be served by doing so or in the interest of justice a separate trial or proceeding should be held on some or all of the claims that are not the subject of the election.</span></p><p dir="ltr" class="s2045821Normal-000001"><span class="s2045821DefaultParagraphFont">An effective election can be withdrawn only by consent of all parties to the claim to which the election relates.</span></p><p dir="ltr" class="s2045821Normal"><span xml:space="preserve" class="s2045821000005"> </span></p><p dir="ltr" class="s2045821Normal"><span class="s2045821SCL">Source:</span><span xml:space="preserve" class="s2045821SCL-000006"> SL 1986, ch 163, § 2; SL 1988, ch 181, § 2.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045822Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045822SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045822CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045822Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045822DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045822Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2045822Normal-000002 { margin-left: 1.14in; text-indent: -0.44in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2045822Normal-000003 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045822000004 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045822SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045822SCL-000005 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045822Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-3"><span class="s2045822SENU">21-3A-3</span></a><span xml:space="preserve" class="s2045822SENU">. </span><span class="s2045822CL">Calculation of damages by trier of fact.</span></p><p dir="ltr" class="s2045822Normal-000000"><span class="s2045822DefaultParagraphFont">If liability is found in a trial under this chapter, the trier of fact, in addition to other appropriate findings, shall make separate findings for each claimant specifying the amount of:</span></p><p dir="ltr" class="s2045822Normal-000001"><span class="s2045822DefaultParagraphFont">(1)    Any past damages; and</span></p><p dir="ltr" class="s2045822Normal-000001"><span class="s2045822DefaultParagraphFont">(2)    Any future damages and the periods over which they will accrue, on an annual basis, for each of the following types:</span></p><p dir="ltr" class="s2045822Normal-000002"><span class="s2045822DefaultParagraphFont">(a)    Medical and other costs of health care;</span></p><p dir="ltr" class="s2045822Normal-000002"><span class="s2045822DefaultParagraphFont">(b)    Other economic loss; and</span></p><p dir="ltr" class="s2045822Normal-000002"><span class="s2045822DefaultParagraphFont">(c)    Noneconomic loss.</span></p><p dir="ltr" class="s2045822Normal-000003"><span class="s2045822DefaultParagraphFont">The calculation of future damages for types (a) and (c) described in subdivision (2) of this section shall be based on the costs and losses during the period of time the claimant will sustain those costs and losses and the calculation for type (b) shall be based on the losses during the period of time the claimant would have lived but for the injury upon which the claim is based.</span></p><p dir="ltr" class="s2045822Normal"><span xml:space="preserve" class="s2045822000004"> </span></p><p dir="ltr" class="s2045822Normal"><span class="s2045822SCL">Source:</span><span xml:space="preserve" class="s2045822SCL-000005"> SL 1986, ch 163, § 3.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045823Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045823SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045823CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045823Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045823DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045823Normal-000001 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } p.s2045823Normal-000002 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045823000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045823SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045823SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045823Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-4"><span class="s2045823SENU">21-3A-4</span></a><span xml:space="preserve" class="s2045823SENU">. </span><span class="s2045823CL">Evidence and calculation of future damages--Jury instructions concerning future damages.</span></p><p dir="ltr" class="s2045823Normal-000000"><span class="s2045823DefaultParagraphFont">In all trials under this chapter, evidence of future damages shall be expressed in current values and those damages shall be calculated by the trier of fact without regard to future changes in the earning power or purchasing power of the dollar.</span></p><p dir="ltr" class="s2045823Normal-000001"><span class="s2045823DefaultParagraphFont">In all jury trials in which special damages findings are required under this chapter, the jury shall be informed that with respect to future damages:</span></p><p dir="ltr" class="s2045823Normal-000002"><span class="s2045823DefaultParagraphFont">(1)    The law provides for adjustments to be made later to take account of future changes in the purchasing power of the dollar;</span></p><p dir="ltr" class="s2045823Normal-000002"><span class="s2045823DefaultParagraphFont">(2)    The law takes into account the fact that those payments may be made in the future rather than in one lump sum now; and</span></p><p dir="ltr" class="s2045823Normal-000002"><span class="s2045823DefaultParagraphFont">(3)    The jury will make their findings on the assumption that appropriate adjustments for future changes in the purchasing power of the dollar will be made later.</span></p><p dir="ltr" class="s2045823Normal"><span xml:space="preserve" class="s2045823000003"> </span></p><p dir="ltr" class="s2045823Normal"><span class="s2045823SCL">Source:</span><span xml:space="preserve" class="s2045823SCL-000004"> SL 1986, ch 163, § 4.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045824Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045824SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045824CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045824Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045824DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045824Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045824DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045824Normal-000003 { margin-left: 1.14in; text-indent: -0.44in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045824000004 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045824SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045824SCL-000005 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045824Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-5"><span class="s2045824SENU">21-3A-5</span></a><span xml:space="preserve" class="s2045824SENU">. </span><span class="s2045824CL">Judgment entered on verdict requiring special damages.</span></p><p dir="ltr" class="s2045824Normal-000000"><span class="s2045824DefaultParagraphFont">In order to determine what judgment is to be entered on a verdict requiring findings of special damages under this chapter, the court shall proceed as follows:</span></p><p dir="ltr" class="s2045824Normal-000001"><span class="s2045824DefaultParagraphFont">(1)    The court shall apply to the findings of past and future damages whether determined by the court or jury, any applicable rules of law, including setoffs, credits, comparative fault, additurs and remittiturs, in calculating the respective amounts of past and future damages each claimant is entitled to recover and each party is obligated to pay.</span></p><p dir="ltr" class="s2045824Normal-000001"><span xml:space="preserve" class="s2045824DefaultParagraphFont">(2)    If the total amount of future damages recoverable by a claimant in an action for bodily injury or by all of the beneficiaries in an action for wrongful death is less than two hundred thousand dollars, the court, unless the claimant or beneficiaries elect to receive a judgment of periodic installments, shall reduce the amounts payable for future damages in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045824DefaultParagraphFont">21-3A-9</span></a><span class="s2045824DefaultParagraphFont">, to determine the equivalent lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span class="s2045824DefaultParagraphFont">sum value and enter judgment for that amount plus the amounts found for past damages.</span></p><p dir="ltr" class="s2045824Normal-000001"><span class="s2045824DefaultParagraphFont">(3)    If the total amount of future damages recoverable by a claimant in an action for bodily injury or by all of the beneficiaries in an action for wrongful death is two hundred thousand dollars, or more, or the claimant or beneficiaries so elect, the court shall enter judgment as follows:</span></p><p dir="ltr" class="s2045824Normal-000003"><span xml:space="preserve" class="s2045824DefaultParagraphFont">(a)    If a judgment for periodic installments is entered, it shall specify payment of attorney's fees and litigation expenses in a manner separate from the periodic installments payable to the claimant, either in lump sum or by periodic installments, pursuant to any agreement entered into between the claimant or beneficiary and his attorney. If any portion of future damages is payable in advance of the period to which it applies in satisfaction of the agreement, the amount of the damages is subject to discount in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045824DefaultParagraphFont">21-3A-9</span></a><span class="s2045824DefaultParagraphFont">.</span></p><p dir="ltr" class="s2045824Normal-000003"><span xml:space="preserve" class="s2045824DefaultParagraphFont">(b)    Upon election of a subrogee, including an employer or insurer who provides workers' compensation, filed within the time permitted by rule of court, any part of future damages allocable to reimbursement of payments previously made by the subrogee is payable in lump sum to the subrogee and the appropriate reduction of future damages shall be calculated in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045824DefaultParagraphFont">21-3A-9</span></a><span class="s2045824DefaultParagraphFont">.</span></p><p dir="ltr" class="s2045824Normal-000003"><span class="s2045824DefaultParagraphFont">(c)    The court shall enter judgment in lump sum for past damages and for any damages payable in lump sum or otherwise under subsections (3)(a) and (3)(b). Any lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span class="s2045824DefaultParagraphFont">sum payments for future damages reduce proportionately all periodic installments for future damages.</span></p><p dir="ltr" class="s2045824Normal-000003"><span xml:space="preserve" class="s2045824DefaultParagraphFont">(d)    After making any adjustments prescribed by the preceding subsections, the court shall reduce the remaining amounts for future damages to present value in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045824DefaultParagraphFont">21-3A-9</span></a><span xml:space="preserve" class="s2045824DefaultParagraphFont"> to determine the equivalent lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span class="s2045824DefaultParagraphFont">sum value. If the equivalent lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span xml:space="preserve" class="s2045824DefaultParagraphFont">sum value is more than one hundred thousand dollars or the claimant or beneficiaries elect to receive a judgment for periodic installments, the court shall enter a judgment for the payment of the remaining amounts of future damages, without reduction in periodic installments in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-1.2"><span class="s2045824DefaultParagraphFont">21-3A-1.2</span></a><span class="s2045824DefaultParagraphFont">, otherwise, the court shall enter a judgment for the equivalent lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span class="s2045824DefaultParagraphFont">sum value.</span></p><p dir="ltr" class="s2045824Normal-000003"><span class="s2045824DefaultParagraphFont">(e)    In an action for wrongful death, the calculation of the equivalent lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span class="s2045824DefaultParagraphFont">sum value under subsection (3)(d) of the remaining amounts for future damages shall be based on the total recovery for all beneficiaries of the action. If the lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span xml:space="preserve" class="s2045824DefaultParagraphFont">sum equivalent of the total is more than fifty thousand dollars, each beneficiary shall be paid in periodic installments in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-1.2"><span class="s2045824DefaultParagraphFont">21-3A-1.2</span></a><span class="s2045824DefaultParagraphFont">.</span></p><p dir="ltr" class="s2045824Normal-000001"><span class="s2045824DefaultParagraphFont">(4)    Upon petition of a party before entry of judgment and a finding of incapacity to post the required security, the court, at the election of the claimant or beneficiaries in an action for wrongful death, shall:</span></p><p dir="ltr" class="s2045824Normal-000003"><span class="s2045824DefaultParagraphFont">(a)    Enter a judgment in accordance with subdivision (3); or</span></p><p dir="ltr" class="s2045824Normal-000003"><span xml:space="preserve" class="s2045824000004"> </span></p><p dir="ltr" class="s2045824Normal-000003"><span xml:space="preserve" class="s2045824DefaultParagraphFont">(b)    Reduce the amounts payable for future damages in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045824DefaultParagraphFont">21-3A-9</span></a><span class="s2045824DefaultParagraphFont">, unless subdivision 21-3A-8(1) applies, to determine the equivalent lump</span><span class="s2045824DefaultParagraphFont-000002">-</span><span class="s2045824DefaultParagraphFont">sum value and enter judgment for that amount plus the amounts found for past damages.</span></p><p dir="ltr" class="s2045824Normal"><span xml:space="preserve" class="s2045824000004"> </span></p><p dir="ltr" class="s2045824Normal"><span class="s2045824SCL">Source:</span><span xml:space="preserve" class="s2045824SCL-000005"> SL 1986, ch 163, § 5; SL 1988, ch 181, § 3.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045825Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045825SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045825CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045825Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045825DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045825Normal-000001 { margin-top: 0; margin-bottom: 0; margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-right: 0; } p.s2045825Normal-000002 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045825DefaultParagraphFont-000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045825000004 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045825SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045825SCL-000005 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045825Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-6"><span class="s2045825SENU">21-3A-6</span></a><span xml:space="preserve" class="s2045825SENU">. </span><span class="s2045825CL">Judgment for periodic installments--Adjustment--Index factor--Schedule of payments.</span></p><p dir="ltr" class="s2045825Normal-000000"><span class="s2045825DefaultParagraphFont">A judgment for periodic installments shall set out:</span></p><p dir="ltr" class="s2045825Normal-000001"><span class="s2045825DefaultParagraphFont">(1)    The findings of the future damages for each calendar year; and</span></p><p dir="ltr" class="s2045825Normal-000001"><span xml:space="preserve" class="s2045825DefaultParagraphFont">(2)    A schedule of the base figure for each calendar year to be used in calculating future payments. The base figure is determined by discounting the findings for each calendar year in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045825DefaultParagraphFont">21-3A-9</span></a><span class="s2045825DefaultParagraphFont">.</span></p><p dir="ltr" class="s2045825Normal-000002"><span class="s2045825DefaultParagraphFont">As of the first day of each calendar year after a judgment for periodic installments is entered, the schedule of all installments not previously due shall be adjusted by adding to the base figure for each installment, in the most recently modified schedule, a sum determined by multiplying the base figure by the index factor defined in this section.</span></p><p dir="ltr" class="s2045825Normal-000002"><span class="s2045825DefaultParagraphFont">If a judgment for periodic installments has been in effect for:</span></p><p dir="ltr" class="s2045825Normal-000001"><span class="s2045825DefaultParagraphFont">(1)    One year or more at the time of adjustment, the index factor is the annual percentage change in the consumer price index for urban wage earners and clerical workers as computed by the Bureau of Labor Statistics of the United States Department of Labor for the year before the year immediately preceding the year of adjustment;</span></p><p dir="ltr" class="s2045825Normal-000001"><span class="s2045825DefaultParagraphFont">(2)    Less than one year but more than six months at the time of adjustment, the index factor is one</span><span class="s2045825DefaultParagraphFont-000003">-</span><span class="s2045825DefaultParagraphFont">half of the index factor defined in this section; and</span></p><p dir="ltr" class="s2045825Normal-000001"><span class="s2045825DefaultParagraphFont">(3)    Less than six months but more than three months at the time of adjustment, the index factor is one</span><span class="s2045825DefaultParagraphFont-000003">-</span><span class="s2045825DefaultParagraphFont">fourth of the index factor defined in this section.</span></p><p dir="ltr" class="s2045825Normal-000002"><span class="s2045825DefaultParagraphFont">In all other cases, no adjustment may be made.</span></p><p dir="ltr" class="s2045825Normal-000002"><span class="s2045825DefaultParagraphFont">Unless the court directs otherwise or the parties otherwise agree, payments shall be scheduled at one</span><span class="s2045825DefaultParagraphFont-000003">-</span><span class="s2045825DefaultParagraphFont">month intervals. Payments for damages accruing during the scheduled intervals are due at the beginning of the intervals.</span></p><p dir="ltr" class="s2045825Normal"><span xml:space="preserve" class="s2045825000004"> </span></p><p dir="ltr" class="s2045825Normal"><span class="s2045825SCL">Source:</span><span xml:space="preserve" class="s2045825SCL-000005"> SL 1986, ch 163, § 6; SL 1988, ch 181, § 4.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045826Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045826SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045826CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045826Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045826DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045826Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2045826Normal-000002 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045826000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045826SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045826SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045826Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-7"><span class="s2045826SENU">21-3A-7</span></a><span xml:space="preserve" class="s2045826SENU">. </span><span class="s2045826CL">Security authorized for payment of judgment for periodic installments.</span></p><p dir="ltr" class="s2045826Normal-000000"><span class="s2045826DefaultParagraphFont">Security authorized or required for payment of a judgment for periodic installments entered in accordance with this chapter shall be in one or more of the following forms and approved by the court:</span></p><p dir="ltr" class="s2045826Normal-000001"><span class="s2045826DefaultParagraphFont">(1)    Bond executed by a qualified insurer;</span></p><p dir="ltr" class="s2045826Normal-000001"><span class="s2045826DefaultParagraphFont">(2)    Annuity contract executed by a qualified insurer;</span></p><p dir="ltr" class="s2045826Normal-000001"><span class="s2045826DefaultParagraphFont">(3)    Evidence of applicable and collectible liability insurance with one or more qualified insurers;</span></p><p dir="ltr" class="s2045826Normal-000001"><span class="s2045826DefaultParagraphFont">(4)    An agreement by one or more qualified insurers to guarantee payment of the judgment; or</span></p><p dir="ltr" class="s2045826Normal-000001"><span class="s2045826DefaultParagraphFont">(5)    Any other satisfactory form of security.</span></p><p dir="ltr" class="s2045826Normal-000002"><span class="s2045826DefaultParagraphFont">Security complying with this section serves also as a required supersedeas bond.</span></p><p dir="ltr" class="s2045826Normal"><span xml:space="preserve" class="s2045826000003"> </span></p><p dir="ltr" class="s2045826Normal"><span class="s2045826SCL">Source:</span><span xml:space="preserve" class="s2045826SCL-000004"> SL 1986, ch 163, § 7.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045827Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045827SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045827CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045827CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045827Normal-000001 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045827DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045827DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045827Normal-000003 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } p.s2045827Normal-000004 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045827000005 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045827SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045827SCL-000006 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045827Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-8"><span class="s2045827SENU">21-3A-8</span></a><span xml:space="preserve" class="s2045827SENU">. </span><span class="s2045827CL">Posting of security by judgment debtor or insurer--Failure to comply--Right to lump</span><span class="s2045827CL-000000">-</span><span class="s2045827CL">sum payment--Wrongful death action--Right of reimbursement.</span></p><p dir="ltr" class="s2045827Normal-000001"><span class="s2045827DefaultParagraphFont">If the court enters a judgment for periodic installments, each party liable for all or a portion of the judgment, unless found to be incapable of doing so under subdivision 21-3A-5(4), shall separately or jointly with one or more others post security in an amount equal to the present lump</span><span class="s2045827DefaultParagraphFont-000002">-</span><span xml:space="preserve" class="s2045827DefaultParagraphFont">sum equivalent of the unpaid judgment, including past damages, in a form prescribed in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-7"><span class="s2045827DefaultParagraphFont">21-3A-7</span></a><span class="s2045827DefaultParagraphFont">, within thirty days after the date the judgment is subject to execution. A liability insurer having a contractual obligation and any other person adjudged to have an obligation to pay all or part of a judgment for periodic installments on behalf of a judgment debtor is obligated to post security to the extent of its contractual or adjudged obligation if the judgment debtor has not done so.</span></p><p dir="ltr" class="s2045827Normal-000003"><span class="s2045827DefaultParagraphFont">A judgment creditor or successor in interest and any party having rights under this section may move that the court find that security has not been posted and maintained with regard to a judgment obligation owing to the moving party. Upon so finding, the court shall calculate the lump</span><span class="s2045827DefaultParagraphFont-000002">-</span><span xml:space="preserve" class="s2045827DefaultParagraphFont">sum equivalent of the obligation under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045827DefaultParagraphFont">21-3A-9</span></a><span xml:space="preserve" class="s2045827DefaultParagraphFont"> and enter a judgment for that amount in favor of the moving party.</span></p><p dir="ltr" class="s2045827Normal-000003"><span class="s2045827DefaultParagraphFont">Upon motion by the claimant, or the beneficiaries in an action for wrongful death, the court, in the absence of a showing of good cause, shall enter a lump</span><span class="s2045827DefaultParagraphFont-000002">-</span><span xml:space="preserve" class="s2045827DefaultParagraphFont">sum judgment without applying the discount factor in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045827DefaultParagraphFont">21-3A-9</span></a><span xml:space="preserve" class="s2045827DefaultParagraphFont"> if:</span></p><p dir="ltr" class="s2045827Normal-000004"><span xml:space="preserve" class="s2045827DefaultParagraphFont">(1)    A responding party elects to have this chapter apply and makes the required showing as to security under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-2"><span class="s2045827DefaultParagraphFont">21-3A-2</span></a><span class="s2045827DefaultParagraphFont">, but thereafter fails to post security; or</span></p><p dir="ltr" class="s2045827Normal-000004"><span class="s2045827DefaultParagraphFont">(2)    A party fails to maintain security.</span></p><p dir="ltr" class="s2045827Normal-000003"><span class="s2045827DefaultParagraphFont">If a judgment debtor who is the only person liable for a portion of a judgment for periodic installments fails to post and maintain security, the right to lump</span><span class="s2045827DefaultParagraphFont-000002">-</span><span class="s2045827DefaultParagraphFont">sum payment described in this section applies only against that judgment debtor and the portion of the judgment so owed.</span></p><p dir="ltr" class="s2045827Normal-000003"><span class="s2045827DefaultParagraphFont">If more than one party is liable for all or a portion of a judgment requiring security under this chapter and the required security is posted by one or more but fewer than all of the parties liable, the security requirements are satisfied and those posting security may proceed under this section to enforce rights for security or lump</span><span class="s2045827DefaultParagraphFont-000002">-</span><span class="s2045827DefaultParagraphFont">sum payment to satisfy or protect rights of reimbursement from a party not posting security.</span></p><p dir="ltr" class="s2045827Normal"><span xml:space="preserve" class="s2045827000005"> </span></p><p dir="ltr" class="s2045827Normal"><span class="s2045827SCL">Source:</span><span xml:space="preserve" class="s2045827SCL-000006"> SL 1986, ch 163, § 8; SL 1988, ch 181, § 5.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045828Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045828SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045828CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045828Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045828DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045828000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045828SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045828SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045828Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-9"><span class="s2045828SENU">21-3A-9</span></a><span xml:space="preserve" class="s2045828SENU">. </span><span class="s2045828CL">Discount factor.</span></p><p dir="ltr" class="s2045828Normal-000000"><span xml:space="preserve" class="s2045828DefaultParagraphFont">If future damages are determined in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-4"><span class="s2045828DefaultParagraphFont">21-3A-4</span></a><span xml:space="preserve" class="s2045828DefaultParagraphFont"> but are ordered to be paid in advance of the period to which they apply, or base figures are required under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-6"><span class="s2045828DefaultParagraphFont">21-3A-6</span></a><span class="s2045828DefaultParagraphFont">, the court shall apply a discount factor of three percent, compounded annually.</span></p><p dir="ltr" class="s2045828Normal"><span xml:space="preserve" class="s2045828000001"> </span></p><p dir="ltr" class="s2045828Normal"><span class="s2045828SCL">Source:</span><span xml:space="preserve" class="s2045828SCL-000002"> SL 1986, ch 163, § 9.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045829Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045829SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045829CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045829Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045829DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045829Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045829000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045829SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045829SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045829Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-10"><span class="s2045829SENU">21-3A-10</span></a><span xml:space="preserve" class="s2045829SENU">. </span><span class="s2045829CL">Survivorship of liability for installment payments--Wrongful death action--Qualifying survivor defined.</span></p><p dir="ltr" class="s2045829Normal-000000"><span class="s2045829DefaultParagraphFont">In all cases covered by this chapter in which future damages are payable in periodic installments, the liability for payment of any installments for medical or other costs of health care or noneconomic loss not yet due at the death of a person entitled to receive these benefits terminates upon the death of that person. The liability for payment of any other installments or portions thereof not yet due at the death of the person entitled to receive them likewise terminates except as provided herein.</span></p><p dir="ltr" class="s2045829Normal-000001"><span class="s2045829DefaultParagraphFont">If, in an action for wrongful death, a judgment for periodic installments provides payments to more than one person entitled to receive benefits for losses that do not terminate under this section and one or more but fewer than all of them die, the surviving beneficiaries succeed to the shares of the deceased beneficiaries. The surviving beneficiaries are entitled to shares proportionate to their shares in the periodic installments not yet paid, but they are not entitled to receive payments beyond the respective periods specified for them in the judgment.</span></p><p dir="ltr" class="s2045829Normal-000001"><span class="s2045829DefaultParagraphFont">If, in an action other than one for wrongful death, a judgment for periodic installments is entered and a person entitled to receive benefits for losses that do not terminate under this section under the judgment dies and is survived by one or more qualifying survivors, any periodic installments not yet due at the death shall be shared equitably by those survivors. Amounts due each survivor may not exceed the survivor's economic loss resulting from the death.</span></p><p dir="ltr" class="s2045829Normal-000001"><span class="s2045829DefaultParagraphFont">Qualifying survivor means a person who, had the death been caused under circumstances giving rise to a cause of action for wrongful death, would have qualified as a beneficiary at the time of the death according to the law that would be applied in an action for wrongful death by the jurisdiction under which the issue of liability was resolved in entering the judgment for periodic installments.</span></p><p dir="ltr" class="s2045829Normal"><span xml:space="preserve" class="s2045829000002"> </span></p><p dir="ltr" class="s2045829Normal"><span class="s2045829SCL">Source:</span><span xml:space="preserve" class="s2045829SCL-000003"> SL 1986, ch 163, § 10.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045830Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045830SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045830CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045830Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045830DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045830000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045830SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045830SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045830Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-11"><span class="s2045830SENU">21-3A-11</span></a><span xml:space="preserve" class="s2045830SENU">. </span><span class="s2045830CL">Satisfaction of judgment and discharge of debtor.</span></p><p dir="ltr" class="s2045830Normal-000000"><span xml:space="preserve" class="s2045830DefaultParagraphFont">If security is posted in accordance with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-8"><span class="s2045830DefaultParagraphFont">21-3A-8</span></a><span xml:space="preserve" class="s2045830DefaultParagraphFont"> and approved under a final judgment entered under this chapter, the judgment is satisfied and the judgment debtor on whose behalf the security is posted is discharged.</span></p><p dir="ltr" class="s2045830Normal"><span xml:space="preserve" class="s2045830000001"> </span></p><p dir="ltr" class="s2045830Normal"><span class="s2045830SCL">Source:</span><span xml:space="preserve" class="s2045830SCL-000002"> SL 1986, ch 163, § 11.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045831Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045831SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045831CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045831Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045831DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2045831Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2045831DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045831000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045831SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045831SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2045831Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-12"><span class="s2045831SENU">21-3A-12</span></a><span xml:space="preserve" class="s2045831SENU">. </span><span class="s2045831CL">Rules established by director of Division of Insurance.</span></p><p dir="ltr" class="s2045831Normal-000000"><span class="s2045831DefaultParagraphFont">The director of the Division of Insurance shall establish rules:</span></p><p dir="ltr" class="s2045831Normal-000001"><span class="s2045831DefaultParagraphFont">(1)    For determining which insurers, self</span><span class="s2045831DefaultParagraphFont-000002">-</span><span class="s2045831DefaultParagraphFont">insurers, plans, or arrangements are financially qualified to provide the security required under this Act and to be designated as qualified insurers;</span></p><p dir="ltr" class="s2045831Normal-000001"><span xml:space="preserve" class="s2045831DefaultParagraphFont">(2)    To require insurers to post security under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-8"><span class="s2045831DefaultParagraphFont">21-3A-8</span></a><span xml:space="preserve" class="s2045831DefaultParagraphFont"> if found by the court to be obligated and capable of posting security; and</span></p><p dir="ltr" class="s2045831Normal-000001"><span xml:space="preserve" class="s2045831DefaultParagraphFont">(3)    For publishing prior to January first of each year the rate of discount per annum set out in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-6"><span class="s2045831DefaultParagraphFont">21-3A-6</span></a><span class="s2045831DefaultParagraphFont">.</span></p><p dir="ltr" class="s2045831Normal"><span xml:space="preserve" class="s2045831000003"> </span></p><p dir="ltr" class="s2045831Normal"><span class="s2045831SCL">Source:</span><span xml:space="preserve" class="s2045831SCL-000004"> SL 1986, ch 163, § 12.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 21-3A - PERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2045832Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045832SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045832CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2045832Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2045832DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045832000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2045832SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2045832SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2045832Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=21-3A-13"><span class="s2045832SENU">21-3A-13</span></a><span xml:space="preserve" class="s2045832SENU">. </span><span class="s2045832CL">Provisions of chapter severable.</span></p><p dir="ltr" class="s2045832Normal-000000"><span class="s2045832DefaultParagraphFont">If any provision of this chapter or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this chapter which can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable.</span></p><p dir="ltr" class="s2045832Normal"><span xml:space="preserve" class="s2045832000001"> </span></p><p dir="ltr" class="s2045832Normal"><span class="s2045832SCL">Source:</span><span xml:space="preserve" class="s2045832SCL-000002"> SL 1986, ch 163, § 13.</span></p></div></body></html>