S.D. Codified Laws § 58-16-29

Current through the 2024 Legislative Session

Section 58-16-29 - Payment to policyholder as reduction of indebtedness

The insurance under § 58-16-23 shall be payable to the policyholder. Such payment shall reduce or extinguish the unpaid indebtedness of the debtor to the extent of such payment.

SDCL 58-16-29

SL 1966, ch 111, ch 24, § 1 (2) (e).