Policy Provisions - Waiver, etc., of Policy Terms or Conditions.

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  5. Policy Provisions - Waiver, etc., of Policy Terms or Conditions.

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Section 27-17-12

Policy provisions - Waiver, etc., of policy terms or conditions.

There shall be a provision that no agent shall have the power or authority to waive, change or alter any of the terms or conditions of any policy; except, that, at the option of the insurer, the terms or conditions may be changed by an endorsement signed by a duly authorized officer of the insurer.

(Acts 1971, No. 407, p. 707, §403.)


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