Idaho Code · Title 41 · Insurance
Idaho Code § 41-718

Policy Loans

Ch. 7 — INVESTMENTS
Idaho Code ● ACTIVE State Law Title 41
Statutory Text

Idaho Code § 41-718 — Policy Loans.

TITLE 41 INSURANCE CHAPTER 7 INVESTMENTS 41-718. Policy loans. A life insurer may lend to its policy holder 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, so long as the loan is adequately secured by such pledge or assignment. Loans so made are eligible investments of the insurer.

History:[41-718, added 1961, ch. 330, sec. 155, p. 645.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC41-SEC-4612E5
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-718
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
8f759e08278f7c4a...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-718 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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boisestandard.org United States Idaho Idaho Code Title 41 Idaho Code § 41-718