No policy of insurance issued under this chapter shall contain any provision relieving the insurer from payment ifthe insured becomes insolvent or discharged in bankruptcy during the period that the policy isin operation, or the compensation, or any part of it,isunpaid. [S13, §2477-m48; C24, 27, 31, 35, 39, §1474; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §87.8] §87.9,WORKERS’ COMPENSATION OR EMPLOYERS’ LIABILITY INSURANCE 4
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