State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-16 > Statute-58-16-27

58-16-27. Amount of insurance on life of debtor limited. The amount of insurance under § 58-16-23 on the life of any debtor may at no time exceed the amount owed by him to the creditor.

Source: SL 1966, ch 111, ch 24, § 1 (2)(f); SL 1969, ch 138; SL 1987, ch 376.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-16 > Statute-58-16-27

58-16-27. Amount of insurance on life of debtor limited. The amount of insurance under § 58-16-23 on the life of any debtor may at no time exceed the amount owed by him to the creditor.

Source: SL 1966, ch 111, ch 24, § 1 (2)(f); SL 1969, ch 138; SL 1987, ch 376.