§ 31-1372.11. Policy loans.

Current through October 23, 2012

A life insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not exceeding the legal reserve that the insurer is required to maintain on the policy.

                
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(Apr. 11, 2003, D.C. Law 14-297, § 211, 50 DCR 330.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

For Law 14-297, see notes following § 31-1371.01.