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Code · South Dakota · Title 58 · Chapter 58-5

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

35 words·~1 min read·/sd/title-58/chapter-58-5/58-5-63

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

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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