58-27-87. Banking patronage as prerequisite to issuance of insurance policy prohibited.
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/sd/title-58/chapter-58-27/58-27-87·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No insurance company as a prerequisite to the sale of an insurance policy may require the insured or those purchasing insurance on his behalf to do banking business with any insurance company or a subsidiary bank.