32-35-76 — Permissive provisions in policy--Indemnification clause.
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32-35-76.
Permissive provisions in policy--Indemnification clause.
Any motor vehicle
liability policy may provide that the insured shall reimburse the insurance carrier for any payment
the insurance carrier would not have been obligated to make under the terms of the policy except for
the provisions of this chapter.
Source: SL 1957, ch 212, § 51; SDC Supp 1960, § 44.03A51 (8).