South Dakota Codified Laws 58-15-8. Entire contract contained in policy and application–Statement of applicant not deemed a warranty
Current as of: 2023 | Check for updates
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There shall be a provision that the policy, or the policy and the application therefor if a copy of such application is endorsed upon or attached to the policy when issued, shall constitute the entire contract between the parties, and that all statements contained in such an application shall, in the absence of fraud, be deemed representations and not warranties.
Terms Used In South Dakota Codified Laws 58-15-8
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.
Source: SL 1966, ch 111, ch 23, § 6.