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

SD Codified L § 58-33-16 (2019) (N/A)
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58-33-16. Credit life insurance permitted as inducement for purchases. 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.

Source: SL 1966, ch 111, ch 13, § 14 (2).