40-1014. Term of policies. Companies organized under the provisions of this article may issue policies for a term of not more than five years. History: L. 1927, ch. 231, 40-1014; June 1. Source or prior law: L. 1885, ch. 132, § 17; L. 1915, ch. 231, § 1; R.S. 1923, 40-438.