58-16-27. Amount of insurance on life of debtor limited.The amount of insurance under §58-16-23 on the life of any debtor may at no time exceed the amount owed by him to the creditor. Source: SL 1966, ch 111, ch 24, §1 (2)(f); SL 1969, ch 138; SL 1987, ch 376.
South Dakota Legal Code