South Dakota Statutes

§ 58-19-8 — Indemnity payable by credit health insurance--Maximum amount.

South Dakota § 58-19-8
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-19CREDIT LIFE, HEALTH, UNEMPLOYMENT AND GROUP PROPERTY INSURANCE

This text of South Dakota § 58-19-8 (Indemnity payable by credit health insurance--Maximum amount.) 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 § 58-19-8 (2026).

Text

The total amount of periodic indemnity payable by credit health insurance in the event of disability, as defined in the policy, shall not exceed the aggregate of the periodic scheduled unpaid installments of the indebtedness; and the amount of each periodic indemnity payment shall not exceed the original indebtedness divided by the number of periodic installments.

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Legislative History

SL 1966, ch 111, ch 27, § 4 (3).

Nearby Sections

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Bluebook (online)
South Dakota § 58-19-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-19-8.