Notwithstanding any other requirements provided in the subchapter, the Standard Nonforfeiture Law adopted on March 29, 1968 and codified in section 984 of title 22 of the Virgin Islands Code, is applicable to nonforfeiture benefits under all life insurance policies issued before the effective date of this subchapter.
Applicability of prior law
22 V.I.C. § 993 — under Life Insurance and Annuities.
22 V.I.C. § 993