376.306. Cash surrender value, life insurer may lend to policyholder, when.

Cash surrender value, life insurer may lend to policyholder, when.

376.306. A life insurer may lend to a policyholder on the security ofthe cash surrender value of the policyholder's policy a sum not to exceedthe legal reserve that the insurer is required to maintain on the policy.

(L. 2007 S.B. 66)