Cash surrender value, life insurer may lend to policyholder, when.

376.306. Cash surrender value, life insurer may lend to policyholder, when. — A life insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not to exceed the legal reserve that the insurer is required to maintain on the policy. (L. 2007 S.B. 66)