Trusts or other persons that are created to give the appearance of insurable interest and are used to initiate one or more policies for investors violate insurable interest laws and the prohibition against wagering on life.
Effective Date: 2008 HB404 09-11-2008
Section: Previous 3916.12 3916.13 3916.14 3916.15 3916.16 3916.17 3916.171 3916.172 3916.173 3916.18 3916.19 3916.20 3916.21 3916.99 NextLast modified: October 10, 2016