House Status:
Senate Status:
Senate Status:
2023 Statute
Prev | Article 2b. - INVESTMENTS BY LIFE INSURANCE COMPANIES | Next |
40-2b17. Any life insurance company organized under any law of this state may invest by loans or otherwise, with the direction or approval of a majority of its board of directors or authorized committee thereof, any of its funds, or any part thereof in bonds or other evidences of indebtedness issued, assumed or guaranteed by the international bank for reconstruction and development, the inter-American development bank or by the African development bank. |
History: L. 1972, ch. 179, § 17; L. 1986, ch. 175, § 2; April 24. |
Prev | Article 2b. - INVESTMENTS BY LIFE INSURANCE COMPANIES | Next |
2024. Powered by KLISS. Rendered: 2024-06-16T08:25:32. Head Rev No: 787010(I)