TITLE 41

INSURANCE

CHAPTER 21

DISABILITY INSURANCE POLICIES

41-2130.  Third party ownership. The word "insured", as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein.

History:

[41-2130, added 1961, ch. 330, sec. 519, p. 645.]