GroundRules
← Search the law
South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-27-41: Maximum loan on security of real property--Misdemeanor.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. 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

Browse this collection