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S.D. Codified Laws § 58-27-48

Liens on personal property as additional security permitted

Source: SL 1966, ch 111, ch 6, § 29 (4).

Sections 58-27-45 to 58-27-47, inclusive, shall not prohibit an insurer from taking liens on personal property as additional security for any investment otherwise eligible under this chapter.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.