Section 408:1 Married Women.
Every policy of life or endowment insurance made payable to or for the benefit of a married woman, or after its issue assigned, transferred, or in any way made payable to a married woman or to any person in trust for her or her benefit, whether procured by herself, her husband, or by any other person and whether the assignment or transfer is made by her husband or by any other person, shall enure to her separate use and benefit, and to that of her children, subject to the provisions of law, relative to premiums paid in fraud of creditors.
Source. 1850, 967:1. CS 155:1. GS 160:1. GL 175:1. PS 171:1. PL 277:1. 1931, 175:1. RL 327:1.