§ 58-1-27 Definitions regarding transmission of electronic documents.

SD Codified L § 58-1-27 (2019) (N/A)
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58-1-27. Definitions regarding transmission of electronic documents. Terms used in §§ 58-1-27 to 58-1-39, inclusive, mean:

(1) "Delivered by electronic means,":

(a) Delivery to an electronic mail address at which a party has consented to receive notices or documents; or

(b) Posting on an electronic network or site accessible via the internet, mobile application, computer, mobile device, tablet, or any other electronic device, together with separate notice to a party directed to the electronic mail address at which the party consents to receive notice of the posting;

(2) "Party," any recipient of any notice or document required as part of an insurance transaction, including an applicant, an insured, a policyholder, or an annuity contract holder.Source: SL 2014, ch 230, § 1.