South Dakota Statutes
§ 58-10-8 — Insurable interest in property defined.
South Dakota § 58-10-8
This text of South Dakota § 58-10-8 (Insurable interest in property defined.) 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 § 58-10-8 (2026).
Text
"Insurable interest" as used in §§ 58-10-7 and 58-10-9 means any actual, lawful, and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or pecuniary damage or impairment.
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Related
New Hampshire Insurance Co. v. Vetter
326 N.W.2d 723 (South Dakota Supreme Court, 1982)
Legislative History
SL 1966, ch 111, ch 22, § 6 (2).
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-10-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-10-8.