South Dakota Statutes

§ 58-19-21 — Application or notice delivered to debtor in lieu of policy or certificate.

South Dakota·Title 58 INSURANCE·Ch. 58-19 CREDIT LIFE, HEALTH, UNEMPLOYMENT AND GROUP PROPERTY INSURANCE
If said individual policy or group certificate of insurance is not delivered to the debtor at the time the indebtedness is incurred, a copy of the application for such policy or a notice of proposed insurance, signed by the debtor and setting forth the name and home office address of the insurer, the name of the debtor, the premium or amount of payment by the debtor, if any, separately for credit life insurance and credit health insurance, the amount, term and a brief description of the coverage provided, shall be delivered to the debtor at the time such indebtedness is incurred. Said application or notice of proposed insurance shall state that upon acceptance by the insurer, the insurance shall become effective as provided in §§ 58-19-9 and 58-19-10 . The copy of the application for, or n

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South Dakota § 58-19-21 (Application or notice delivered to debtor in lieu of policy or certificate.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 27, § 6 (4).

Nearby Sections

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