{"data":{"id":"us-sd/sdcl-58-16-29","jurisdiction":"us-sd","citation":"SDCL § 58-16-29","heading":"Payment to policyholder as reduction of indebtedness.","body":"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.","path":["TITLE 58. INSURANCE","CHAPTER 58-16. GROUP LIFE INSURANCE POLICIES"],"source_url":"https://sdlegislature.gov/Statutes/58-16-29","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"8cc348ef034e12b5aa5c18292ad67434972841b44b8da6a1d11e920b1f10589a","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-16-28","next":"us-sd/sdcl-58-16-30"},"notice":"GroundRules: Original legal text. Not legal advice."}