South Dakota Statutes

§ 58-15-15.10 — Insurance policy loan--Loan value of policy.

South Dakota § 58-15-15.10
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-13LIFE INSURANCE AND ANNUITIES

This text of South Dakota § 58-15-15.10 (Insurance policy loan--Loan value of policy.) 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 § 58-15-15.10 (2026).

Text

The loan value of a policy shall be determined in accordance with § 58-15-16 , but no policy may terminate in a policy year as the sole result of change in the interest rate during that policy year. The life insurer shall maintain coverage during that policy year until the time at which it would otherwise have terminated if there had been no change during that policy year.

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Legislative History

SL 1982, ch 358, § 7.

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-15-15.10, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-15-15.10.