South Dakota Code § 13-55E-7

Nontransferability--Substitution of beneficiary
Open in Lexace · Ask the AI about this section
An advance payment contract may not be sold or otherwise transferred by the purchaser or beneficiary. Subject to rules promulgated pursuant to chapter
1-26
, the purchaser may substitute another individual for the beneficiary originally named in the contract.

‹ Prev All South Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.