South Dakota Statutes

§ 58-5-63 — Policy holding not a prohibited pecuniary interest.

South Dakota § 58-5-63
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-4AORGANIZATION AND GENERAL POWERS OF INSURERS

This text of South Dakota § 58-5-63 (Policy holding not a prohibited pecuniary interest.) 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 § 58-5-63 (2026).

Text

Sections 58-5-61 and 58-5-62 shall not prohibit such a director, officer, stockholder, or member of a committee or employee from becoming a policyholder of the insurer and enjoying the usual rights given to other policyholders.

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Legislative History

SL 1966, ch 111, ch 16, § 22 (3).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-5-63, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-63.