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2016 Statute



Prev Article 2b. - INVESTMENTS BY LIFE INSURANCE COMPANIESNext


40-2b16.Bank certificates of deposit. Any life insurance company heretofore or hereafter 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 certificates of deposit in a federally insured bank.

History: L. 1972, ch. 179, § 16; July 1.



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2017. Powered by KLISS. Rendered: 2017-12-06T22:47:55. Head Rev No: 340825