A life insurer may loan to its policyholder upon the pledge of the policy as collateral security, any sum not exceeding the legal reserve maintained on the policy.
Policy loans
22 V.I.C. § 569 — under Investments.
22 V.I.C. § 569
22 V.I.C. § 569 — under Investments.
22 V.I.C. § 569
A life insurer may loan to its policyholder upon the pledge of the policy as collateral security, any sum not exceeding the legal reserve maintained on the policy.