Wyoming Statutes
§ 26-7-108 — Policy loans
A life insurer may lend to its policyholder upon pledge of the
policy as collateral security any sum not exceeding the cash
surrender value of the policy, or may lend against pledge or
assignment of any of its supplementary contracts or other
contracts or obligations if the loan is adequately secured by
the pledge or assignment. Loans so made are eligible investments
of the insurer.
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Nearby Sections
15
§ 26-3-122
35-7-361. Inspection of equipment§ 26-7-101
Scope of chapter§ 26-7-103
Eligible investments§ 26-7-104
General qualifications for investments§ 26-7-105
Investment authorization; record§ 26-7-107
Authorized investments§ 26-7-108
Policy loans§ 26-7-109
Collateral loans§ 26-7-110
Miscellaneous loans and investments§ 26-7-111
Security interest in chattels