Sections 58-15-31 to 58-15-43, inclusive, shall be known as the standard nonforfeiture law for life insurance.

For purposes of §§ 58-15-31 to 58-15-43, the operative date of the valuation manual is January first of the first calendar year that the valuation manual, as defined in § 58-26-44.1, is effective.

Source: SL 1966, ch 111, ch 23, § 28; SL 1977, ch 412, § 2; SL 2015, ch 254, § 40.