§ 58-15-20 Policy loan provisions inapplicable to term insurance or industrial life insurance policies.

SD Codified L § 58-15-20 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

58-15-20. Policy loan provisions inapplicable to term insurance or industrial life insurance policies. 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.

Source: SL 1966, ch 111, ch 23, § 9.