Prohibited policy provisions--Construction of contract according to laws of other state or country.

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58-15-48. Prohibited policy provisions--Construction of contract according to laws of other state or country.

No policy of life insurance shall be delivered or issued for delivery in this state if it contains any provision that the contract is to be construed according to the laws of any other state or country.

Source: SL 1966, ch 111, ch 23, §26 (1) (c).


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