Wyoming § 26-7-108 - Policy loans.
Full text of Wyoming Wyoming Statutes Annotated § 26-7-108 — Policy loans., with citation guidance and answers to common questions.
§ 26-7-108. Policy loans.
A life insurer may lend to its policyholder upon pledge of the policy as collateral security any sum not exceeding the cash surrender value of the policy, or may lend against pledge or assignment of any of its supplementary contracts or other contracts or obligations if the loan is adequately secured by the pledge or assignment. Loans so made are eligible investments of the insurer.
Frequently Asked Questions About Wyoming § 26-7-108
What does Wyoming Statutes Annotated § 26-7-108 cover?
Section 26-7-108 ("Policy loans.") is part of the Wyoming Statutes Annotated, the codified statutory law of Wyoming. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wyoming § 26-7-108?
A common citation format is "Wyoming Statutes Annotated § 26-7-108" (Wyoming). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wyoming law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wyoming official source linked on this page or consult a licensed Wyoming attorney.
How does Wyoming § 26-7-108 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wyoming can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wyoming.