South Dakota Statutes
§ 58-16-29 — Payment to policyholder as reduction of indebtedness.
South Dakota § 58-16-29
This text of South Dakota § 58-16-29 (Payment to policyholder as reduction of indebtedness.) 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 § 58-16-29 (2026).
Text
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.
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Legislative History
SL 1966, ch 111, ch 24, § 1 (2) (e).
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-16-29, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-16-29.