Policy holding not a prohibited pecuniary interest.

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58-5-63. Policy holding not a prohibited pecuniary interest.

Sections 58-5-61 and 58-5-62 shall not prohibit such a director, officer, stockholder, or member of a committee or employee from becoming a policyholder of the insurer and enjoying the usual rights given to other policyholders.

Source: SL 1966, ch 111, ch 16, §22 (3).


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