CHAPTER 27-11.1
Investments by Domestic Insurance Companies

SECTION 27-11.1-2

§ 27-11.1-2. Maximum investments in mortgage loans.

A domestic insurance company may invest in mortgage loans; provided, that any mortgage loan or loans made or acquired by the domestic insurer on any one or all properties shall not exceed in the aggregate ten percent (10%) of its admitted assets.

History of Section.
(P.L. 1984, ch. 170, § 1.)