58-15-20. Policy loan provisions inapplicable to term insurance or industrial life insurance policies.
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/sd/title-58/chapter-58-15/58-15-20·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sections 58-15-14 to 58-15-19 , inclusive, shall not apply to term policies nor to term insurance benefits provided by rider or supplemental policy provisions, or to industrial life insurance policies.