interest in Collins’ life. Although Mr. Collins was listed as thé nominal settlor of the Trust, he did not fund the trust or pay -any premiums on the policy. The Trustee, Gor-dillo, testified the trust never had any money, did not pay any premiums on the policy, nor did she know the source of funds for any premium payments. Instead, the record shows premiums were paid by Houchins through his Bonded Life ac count. Under Tennessee law, a policy must be taken out in “good faith” and the rule is that if one procures a policy upon the life of another and pays the premiums, that party “must have an insurable interest in the life of that other, or the policy .will be a mere wager policy.” Clement, 46 S.W. at 661; Sun Life v. Wells Fargo, 2016 WL 6746352 at *11 (D.N.J. Sept. 30, 2016) (<HOLDING>). Conestoga argues the policy is not void
holding that policy was void ah initio as a wagering contract where the investors funded the premium by funneling the money through the trust account holding that proceedings  involving a layperson representing a corporation are null and void ah initio holding that district judge did not err in declining to apply a control premium where party advocating application of such a premium did not prove existence of prospective buyer who was willing to pay a premium holding that an action taken in violation of the automatic stay is void ab initio holding that a procurement contract award in conflict with statute and regulation was void ah initio