The assignment of a life insurance policy, wherein the wife of the insured is designated as beneficiary and wherein the right is reserved to the insured to change the beneficiary, shall, to the extent of any indebtedness secured by the assignment of such policy, be free from and not subject to any law or laws forbidding the wife from becoming surety for the debts of her husband.
Structure Code of Alabama
Title 30 - Marital and Domestic Relations.
Article 1 - Property Rights; Tort and Contract Rights and Liabilities.
Section 30-4-2 - Separate Property of Wife - Earnings of Wife.
Section 30-4-3 - Separate Property of Wife - Wearing Apparel of Wife.
Section 30-4-4 - Separate Property of Wife - Damages Recovered for Injuries to Person or Reputation.
Section 30-4-5 - Property of Wife Subject to Provisions of Chapter.
Section 30-4-6 - Husband Not Liable for Antenuptial Contracts and Torts of Wife.
Section 30-4-7 - Husband Not Liable for Postnuptial Contracts and Torts of Wife.
Section 30-4-8 - Capacity of Wife to Contract.
Section 30-4-9 - Capacity of Husband and Wife to Contract With Each Other.
Section 30-4-11 - Wife to Sue and Be Sued Alone Upon Contracts, Torts, Etc.
Section 30-4-14 - Married Women May Dispose of Separate Estates by Will.