§ 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.