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Code · Illinois · Chapter 215 — INSURANCE · Act 5

Sec. 126.19. Policy loans.

41 words·~1 min read·/il/chapter-215/act-5/126-19

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Sec. 126.19. Policy loans. A life insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not exceeding the legal reserve that the insurer is required to maintain on the policy.
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