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Code · South Dakota · Title 58 · Chapter 58-16

58-16-29. Payment to policyholder as reduction of indebtedness.

29 words·~1 min read·/sd/title-58/chapter-58-16/58-16-29·

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The insurance under § 58-16-23 shall be payable to the policyholder. Such payment shall reduce or extinguish the unpaid indebtedness of the debtor to the extent of such payment.
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