South Dakota Codified Laws 58-10-15. Trust to be governed by South Dakota law
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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.
Terms Used In South Dakota Codified Laws 58-10-15
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 2006, ch 251, § 4.