US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 21
                        DISABILITY INSURANCE POLICIES
    41-2137.  FRANCHISE DISABILITY INSURANCE LAW. Disability insurance on a
franchise plan is hereby declared to be that form of disability insurance
issued to:
    (1)  Four (4) or more employees of any corporation, copartnership, or
individual employer or any governmental corporation, agency or department
thereof; or
    (2)  Ten (10) or more members, employees or employees of members of any
trade or professional association or of a labor union or of any other
association having had an active existence for at least two years where such
association or union has a constitution or by-laws and is formed in good faith
for purposes other than that of obtaining insurance; where such persons with
or without their dependents, are issued the same form of an individual policy
varying only as to amounts and kinds of coverage applied for by such persons
under an arrangement whereby the premiums on such policies may be paid to the
insurer periodically by the employer, with or without payroll deductions, or
by the association or union for its members, or by some designated person
acting on behalf of such employer or association or union. The term
"employees" as used herein may be deemed to include the officers, managers and
employees and retired employees of the employer and the individual proprietor
or partnership.