58-5-63. Policy holding not a prohibited pecuniary interest.Sections 58-5-61 and 58-5-62 shall not prohibit such a director, officer, stockholder, or member of a committee or employee from becoming a policyholder of the insurer and enjoying the usual rights given to other policyholders. Source: SL 1966, ch 111, ch 16, §22 (3).
South Dakota Legal Code