South Dakota Codified Laws 58-10-9. Measure of insurable interest in property
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The measure of an insurable interest in property is the extent to which the insured might be directly damnified by loss, injury, or impairment thereof.
Terms Used In South Dakota Codified Laws 58-10-9
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SL 1966, ch 111, ch 22, § 6 (3).