§ 30-19-3 - Purchase of insurance. - Rhode Island Statutes

SECTION 30-19-3

   § 30-19-3  Purchase of insurance. –A minor veteran may with like force, effect, and validity purchase and ownpolicies of insurance relating to real or personal property mortgaged to secureany loan described in § 30-19-1 and may make any policy payable in case ofloss to any holder of any mortgage on the property, and may endorse any check,draft, order, or negotiable instrument made payable to such minor in connectionwith that loan.