Section 23-82-101 - Definition

For the purpose of this code, unless the context otherwise requires, 'industrial life insurance' is that form of life insurance written under policies of face amount of two thousand dollars ($2,000) or less bearing the words 'industrial policy' imprinted on the face thereof as part of the descriptive matter and under which premiums are payable monthly or more often.Acts 1959, No. 148, § 347; A.S.A. 1947, § 66-3402.