There is a newer version
of
this Section
2020 South Dakota Codified Laws
Title 58 - Insurance
Chapter 10 - Insurable Interest
Section 58-10-12 - Transfer of property interest between joint insureds.
Universal Citation: SD Codified L § 58-10-12 (2020)
58-10-12. Transfer of property interest between joint insureds.
A transfer of interest by one of several partners, joint owners, or owners in common, who are jointly insured, to the others, does not avoid an insurance of property even though it has been agreed that the insurance shall cease upon an alienation of the thing insured.
Source: SL 1966, ch 111, ch 22, ยง8.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
