South Dakota Statutes
§ 54-9-6 — Property exempt from execution--Life insurance--Effect of assignment.
South Dakota § 54-9-6
This text of South Dakota § 54-9-6 (Property exempt from execution--Life insurance--Effect of assignment.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 54-9-6 (2026).
Text
Property exempt from execution, and insurance upon the life of the assignor, to the extent of five thousand dollars, do not pass to the assignee by a general assignment for the benefit of creditors, unless the instrument specially mentions them, and declares an intention that they should pass thereby.
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Legislative History
CivC 1877, § 2043; CL 1887, § 4677; RCivC 1903, § 2389; RC 1919, § 2062; SDC 1939 & Supp 1960, § 37.5111.
Nearby Sections
15
§ 54-1-2
Loan of money defined.§ 54-1-6
"Open account" defined.§ 54-1-7
Open account--Interest rates.§ 54-1-9
"Securitization" defined.§ 54-10-1
Definition of terms.§ 54-10-10
Value of security, determination by liquidator's sale of assets--Order of sale, requirements.§ 54-10-13
Uniformity of interpretation of chapter.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 54-9-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-9-6.