South Dakota Statutes

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

South Dakota·Title 58 INSURANCE·Ch. 58-4A ORGANIZATION AND GENERAL POWERS OF INSURERS
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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South Dakota § 58-5-63 (Policy holding not a prohibited pecuniary interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 16, § 22 (3).

Nearby Sections

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