South Dakota Statutes
§ 58-19-6 — Maximum amount of credit life insurance.
South Dakota § 58-19-6
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-19CREDIT LIFE, HEALTH, UNEMPLOYMENT AND GROUP PROPERTY INSURANCE
This text of South Dakota § 58-19-6 (Maximum amount of credit life insurance.) 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 § 58-19-6 (2026).
Text
The initial amount of credit life insurance shall not exceed the total amount repayable under the contract of indebtedness and, where an indebtedness is repayable in substantially equal installments, the amount of insurance shall at no time exceed the scheduled or actual amount of unpaid indebtedness, whichever is greater.
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Legislative History
SL 1966, ch 111, ch 27, § 4 (1).
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-19-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-19-6.