Insurance of property not owned by member or spouse prohibited--Exceptions

No insurer may insure any property not owned by a member or by his spouse except for the following: (1) Property described in subdivision 58-35-29(3); and (2) Personal property in the care, custody, and control of a member or his spouse. Source: SL 1966, ch 111 , ch 17, § 3 (2); SL 1992, ch 356 . 58-35-31. Repealed by SL 1993, ch 370 , § 3