33-12-211. Policy loans

MT Code § 33-12-211 (2019) (N/A)
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33-12-211. Policy loans. 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.

History: En. Sec. 23, Ch. 304, L. 1999.