TITLE 27
Insurance

CHAPTER 27-11.1
Investments by Domestic Insurance Companies

SECTION 27-11.1-5


§ 27-11.1-5 Investment in collateral loans.

A domestic insurance company may invest in collateral loans, provided, that the collateral loans invested in by the company shall not exceed in the aggregate ten percent (10%) of the domestic insurance company's admitted assets.

History of Section.
(P.L. 1984, ch. 170, § 1; P.L. 1991, ch. 348, § 6.)