Rule 2.59.2053 - RULE XXXIX OTHER APPROVED QUASI-GOVERNMENT SECURITIES(1) Certain other securities are approved for mutual association investment. There is no dollar limit on a mutual association's investment in:(a) general services administration (participation certificates);(b) maritime administration (bonds and notes); and(c) Washington metropolitan area transit authority (bonds).(2) A mutual association's investment is limited to 50% of capital in:(a) Asian development bank (bonds and notes);(b) financing corporation (FICO) (bonds);(c) Inter-American development bank (bonds);(d) resolution funding corporation (REFCORP) (bonds);(e) Tennessee valley authority (TVA) (bonds); and(f) world bank (bonds and notes).Mont. Admin. r. 2.59.2053
NEW, 2022 MAR p. 230, Eff. 2/12/2022AUTH: 32-2-911, MCA; IMP: 32-2-908, 32-2-911, MCA