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.
S.D. Codified Laws § 58-5-63
Policy holding not a prohibited pecuniary interest
Source: SL 1966, ch 111, ch 16, § 22 (3).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.