§431:10A-109 - Third party ownership.
§431:10A-109 Third party ownership. The word, insured, as used in this part, shall not be construed as preventing aperson other than the insured with a proper insurable interest from makingapplication for and owning a policy covering the insured, or from beingentitled under such a policy to any indemnities, benefits, and rights providedtherein. [L 1987, c 347, pt of §2]