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Code · South Dakota · Title 58 · Chapter 58-33

58-33-16. Credit life insurance permitted as inducement for purchases.

56 words·~1 min read·/sd/title-58/chapter-58-33/58-33-16

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 58-33-15 shall not apply to insurance on the life of a debtor pursuant to or in connection with a specific loan or other credit transaction, or insurance on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction while the debtor is disabled as defined in the policy.
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