Trust to be governed by South Dakota law.

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Insurable Interest
  5. Trust to be governed by South Dakota law.

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58-10-15. Trust to be governed by South Dakota law.

An insurance contract for which an insurable interest exists under subdivision 58-10-4(6), is a life insurance policy issued for delivery to a trust governed by South Dakota law.

Source: SL 2006, ch 251, §4.


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