Section 411:31 Change of Payee, etc.
The insured in any such corporation shall have the right at any time, with the consent of such corporation, to make a change in his payee or beneficiary without requiring the consent of such payee or beneficiary; provided, that such policy has not been assigned as security for debt or other legal consideration.
Source. 1913, 42:20. PL 278:32. RL 328:30.