State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-63

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

Source: SL 1966, ch 111, ch 16, § 22 (3).

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-63

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

Source: SL 1966, ch 111, ch 16, § 22 (3).


State Codes and Statutes

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-05 > Statute-58-5-63

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

Source: SL 1966, ch 111, ch 16, § 22 (3).