Limitation of action on policy--Minimum time.

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58-15-51. Limitation of action on policy--Minimum time.

No policy of life insurance shall be delivered or issued for delivery in this state if it contains any provision limiting the time within which an action at law or in equity may be commenced on such a policy to less than six years after the cause of action shall accrue.

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


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