State Codes and Statutes
Statutes > Indiana > Title27 > Ar2 > Ch6IC 27-2-6
Chapter 6. Investment in Certain Bonds
IC 27-2-6-1
Authorized investments
Sec. 1. Any life insurance, fire insurance, livestock insurance,
casualty or accident insurance, or bonding or surety company, or
trust company or savings bank now or hereafter organized under the
laws of the state of Indiana, in addition to the investments now
authorized by law, be and it hereby is authorized and empowered to
invest its funds in obligations issued by or for federal land banks,
federal intermediate credit banks and banks for cooperatives under
the Farm Credit Act of 1971 (12 U.S.C. 2001 et seq.) as amended
and such obligations are hereby declared eligible for any deposit
required of any such company under the laws of this state.
(Formerly: Acts 1931, c.55, s.1; Acts 1975, P.L.44, SEC.3.)
