§ 31-4707. Ascertainment of loan indebtedness.

Current through October 23, 2012

In ascertaining the indebtedness due upon policy or premium loans the interest, if not paid when due, shall be added to the principal of such loans and shall bear interest at the rate specified in the note or loan agreement.

                
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(June 19, 1934, 48 Stat. 1164, ch. 672, ch. V, § 7.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 35-511.

1973 Ed., § 35-707.