SDCL § 58-27-41: Maximum loan on security of real property--Misdemeanor.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-27. LOANS AND INVESTMENTS OF INSURERS
An insurer shall not make or acquire a loan or loans upon the security of any one parcel of real property in aggregate amount in excess of ten thousand dollars or more than the amount permissible under § 58-27-53, whichever is the greater. Violation of this section is a Class 2 misdemeanor.
Collected 2026-09-03T15:18:57Z. Source file · JSON