S.D. Codified Laws § 58-15-15.6
Current through the 2024 Legislative Session
Any policy issued on or after July 1, 1982, shall provide for policy loan interest rates through a provision permitting a maximum interest rate of not more than eight percent per annum or a provision permitting an adjustable maximum interest rate established from time to time by the life insurer, as permitted by law.
SDCL 58-15-15.6