S.D. Codified Laws § 58-16-23

Current through the 2024 Legislative Session

Section 58-16-23 - Issuance of group life policy to creditor-Purpose

A policy of group life insurance may be issued to a creditor, who shall be deemed the policyholder, to insure debtors of the creditor, subject to the requirements of §§ 58-16-24 to 58-16-29, inclusive.

SDCL 58-16-23

SL 1966, ch 111, ch 24, § 1 (2).