South Dakota Codified Laws 58-35-32. Insurance on churches, schools, and community buildings
Current as of: 2023 | Check for updates
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No contract of insurance covering any church, school, or community building referred to in § 58-35-29 shall be invalid because any director or officer of the insurer was or is a trustee, director, agent, custodian, or manager or in any way in control, supervision, or management of any or all of the property so insured.
Terms Used In South Dakota Codified Laws 58-35-32
- Contract: A legal written agreement that becomes binding when signed.
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- Trustee: A person or institution holding and administering property in trust.
Source: SL 1966, ch 111, ch 17, § 29.