Codified Laws

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58-10-1      Application to all insurance and annuity contracts--Exceptions.
58-10-2      "Policy" defined.
58-10-3      Procurement of insurance on own life or body for benefit of another--Interest required for insurance on life or body of another.
58-10-4      Insurable interest in personal insurance defined.
58-10-5      Insurance benefits recoverable from beneficiary without insurable interest.
58-10-6      Consent of insured required for life or health insurance on an individual.
58-10-6.1      Assignment of incidents of ownership under life insurance policy--Assignment before July 1, 1989, enforceable.
58-10-7      Insurance of property--Insurable interest required.
58-10-8      Insurable interest in property defined.
58-10-9      Measure of insurable interest in property.
58-10-10      Insurance against fire, tornado, or lightning--Measure of damages where property wholly destroyed.
58-10-11      Change of property interest on death of insured.
58-10-12      Transfer of property interest between joint insureds.
58-10-13      Trust defined.
58-10-14      Business trust defined.
58-10-15      Trust to be governed by South Dakota law.
58-10-16      Retroactive effect of statutory provisions regarding trusts.
58-10-17      Creation of entity to purchase, hold, or administer insurance contract on life of individual settlor.

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