10-1-1113. Account for service members' life insurance. (1) There is an account in the state treasury that is composed of statutory deposits to the account and includes any gifts, grants, donations, or bequests to the account and earnings from investing the money in the account.
     (2) Money in the account must be used, as provided in 10-1-1114, to reimburse service members serving on active duty in a contingency operation for the premiums paid, if any, for service members' group life insurance.

     History: En. Sec. 3, Ch. 373, L. 2007.