South Dakota Statutes

§ 58-19-5 — Existing insurance--Choice of insurer.

South Dakota·Title 58 INSURANCE·Ch. 58-19 CREDIT LIFE, HEALTH, UNEMPLOYMENT AND GROUP PROPERTY INSURANCE
When credit life insurance or credit health insurance is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this state.

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South Dakota § 58-19-5 (Existing insurance--Choice of insurer.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 27, § 11.

Nearby Sections

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