Idaho Statutes

§ 41-1931 — INDEBTEDNESS DEDUCTED FROM PROCEEDS

Idaho § 41-1931
JurisdictionIdaho
Title 41INSURANCE
Ch. 19LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS

This text of Idaho § 41-1931 (INDEBTEDNESS DEDUCTED FROM PROCEEDS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Idaho Code § 41-1931 (2026).

Text

In determining the amount due under any life insurance policy heretofore or hereafter issued, deduction may be made of:

(1)Any unpaid premiums or instalments thereof for the current policy year due under the terms of the policy, and of
(2)The amount of principal and accrued interest of any policy loan or other indebtedness against the policy then remaining unpaid.

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Legislative History

[41-1931, added 1961, ch. 330, sec. 462, p. 645.]

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Bluebook (online)
Idaho § 41-1931, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-1931.