Statutes > South Dakota Statutes > Title 58 - INSURANCE > Chapter 10 - Insurable Interest > Section 58-10-15 - Trust to be governed by South Dakota law.

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

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.