SDCL § 58-16-29: Payment to policyholder as reduction of indebtedness.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-16. GROUP LIFE INSURANCE POLICIES
The insurance under § 58-16-23 shall be payable to the policyholder. Such payment shall reduce or extinguish the unpaid indebtedness of the debtor to the extent of such payment.
Collected 2026-09-03T15:18:57Z. Source file · JSON