Change of Policy Ownership Sample Clauses

Change of Policy Ownership. On written request, You may change the owner or the interest of any owner back to the Life insured if he/she is at least 21 years old.
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Change of Policy Ownership. On written request, You may appoint the Life insured as the Policy owner if he is at least twenty-one (21) years old.

Related to Change of Policy Ownership

  • Suspension of Policies The Board, by a majority vote of members present at any meeting, may temporarily suspend a Board policy except those provisions that are controlled by law or contract. The failure to suspend with a specific motion does not invalidate the Board action. LEGAL REF.: 105 ILCS 5/10-20.5. CROSS REF.: 2:150 (Committees), 2:250 (Access to District Public Records), 3:40 (Superintendent) ADOPTED: November 4, 2019 Bellwood SD 88 2:240-E1 Exhibit - PRESS Issue Updates This procedure is for PRESS subscribers. For subscribers to PRESS Plus, IASB's full-maintenance policy update service, the update instructions that arrive with a paid PRESS Plus subscription provide further guidance.

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