Section 58-15-50 - Prohibited policy provisions--Depriving courts of jurisdiction of actionagainst insurer.

58-15-50. Prohibited policy provisions--Depriving courts of jurisdiction of action against insurer. No policy of life insurance shall be delivered or issued for delivery in this state if it contains any provision depriving the courts of this state of the jurisdiction of any action at law or in equity against the insurer.

Source: SL 1966, ch 111, ch 23, § 26 (1) (e).