41-1902 "INDUSTRIAL LIFE INSURANCE" DEFINED.
INSURANCE
CHAPTER 19
LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS
41-1902. "Industrial life insurance" defined. For the purposes of this code "industrial life insurance" is that form of life insurance written under policies of face amount of one thousand dollars ($1,000) 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.