58-15-49. Prohibited policy provisions--Rights and obligations of insured under contract governed by law of other state.
No policy of life insurance shall be delivered or issued for delivery in this state if it contains any provision that the rights and obligations of the insured or any person claiming under such contract are to be governed by any other than the laws of this state.
Source: SL 1966, ch 111, ch 23, §26 (1) (d).