S.D. Codified Laws § 58-15-20 (2026) – Policy loan provisions inapplicable to term insurance or industrial life insurance policies. | Midpage
§ 58-15-20
S.D. Codified Laws § 58-15-20 (2026)
Policy loan provisions inapplicable to term insurance or industrial life insurance policies.
SL 1966, ch 111 , ch 23, § 9.
Sections 58-15-14 to 58-15-19, inclusive, shall not apply to term policies nor to term insurance benefits provided by rider or supplemental policy provisions, or to industrial life insurance policies.