Idaho Statutes
§ 41-1931 — INDEBTEDNESS DEDUCTED FROM PROCEEDS
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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Idaho § 41-1931 (INDEBTEDNESS DEDUCTED FROM PROCEEDS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[41-1931, added 1961, ch. 330, sec. 462, p. 645.]
Nearby Sections
15
§ 41-1001
PURPOSE AND SCOPE§ 41-1002
TERMS CONSTRUED§ 41-1003
DEFINITIONS§ 41-1004
LICENSE REQUIRED§ 41-1005
EXCEPTIONS TO LICENSING§ 41-1006
APPLICATION FOR EXAMINATION§ 41-1007
APPLICATION FOR PRODUCER LICENSE§ 41-1008
PRODUCER LICENSE§ 41-1009
NONRESIDENT PRODUCER LICENSE§ 41-101
SHORT TITLE§ 41-1011
ISSUANCE — REFUSAL OF LICENSE§ 41-1012
EXEMPTION FROM EXAMINATION§ 41-1014
ASSUMED NAMES