South Dakota Statutes
§ 58-27-41 — Maximum loan on security of real property--Misdemeanor.
South Dakota § 58-27-41
This text of South Dakota § 58-27-41 (Maximum loan on security of real property--Misdemeanor.) 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 § 58-27-41 (2026).
Text
An insurer shall not make or acquire a loan or loans upon the security of any one parcel of real property in aggregate amount in excess of ten thousand dollars or more than the amount permissible under § 58-27-53 , whichever is the greater. Violation of this section is a Class 2 misdemeanor.
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Legislative History
SL 1966, ch 111, ch 6, § 26 (2); SL 1978, ch 359, § 2.
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Repealed by SL 2012, ch 252, § 30.§ 58-1-2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 § 58-27-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-41.