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S03862 Summary:
| BILL NO | S03862 |
| SAME AS | SAME AS A06833 |
| SPONSOR | COMRIE |
| COSPNSR | |
| MLTSPNSR | |
| Amd §3203, Ins L | |
| Requires the terms and conditions of any individual life insurance policy loan to be in writing, be signed by the insured and the agent and contain a signed statement that the agent has explained the terms to the policyholder. | |