Chapter 27 - LOANS AND INVESTMENTS OF INSURERS
- Section 58-27-1 - Application of chapter
- Section 58-27-2 - Eligible investments by insurers-Violation as misdemeanor
- Section 58-27-3 - Time of determination of eligibility of investment
- Section 58-27-4 - Prior legal investment deemed eligible
- Section 58-27-5 - Acquisition of ineligible securities or property-Disposition
- Section 58-27-6 - Time of investment limitation based on amount of insurer's admitted assets, risk based capital, or capital and surplus
- Section 58-27-7 - Investments required to produce income-Exemptions-Rules
- Section 58-27-8 - Security or investment ineligible for purchase or exchange at more than market value
- Section 58-27-9 - Obligations of United States or Canada
- Section 58-27-10 - Loans guaranteed by United States or Canada
- Section 58-27-11 - Obligations of states, provinces, and political subdivisions
- Section 58-27-12 - Revenue bonds of states, provinces, and political subdivisions
- Section 58-27-12.1 - Maximum investments in bonds, warrants, and evidence of indebtedness
- Section 58-27-13 - Obligations or stock of federal agencies
- Section 58-27-14 - Certificates of deposit in federally insured banks
- Section 58-27-15 - Federally insured savings and loan accounts
- Section 58-27-15.1 - Credit Union accounts
- Section 58-27-16 - Obligations of international bank and certain development banks for reconstruction and development
- Section 58-27-17 - Investments authorized for insurers
- Section 58-27-18 to 58-27-22 - [Repealed]
- Section 58-27-23 - Nonassessable common stock of corporation-Insurance stocks excepted
- Section 58-27-24 - Stock of solvent insurers meeting requirements
- Section 58-27-25 - Insurer acquiring controlling interest in another stock insurer-Limitation as to amount
- Section 58-27-26 - Investments in stock of majority owned subsidiary corporations
- Section 58-27-27 - Maximum amount of investments in stock of majority owned subsidiary, or another insurer or wholly owned subsidiary
- Section 58-27-28 - Equipment trust obligations or certificates
- Section 58-27-29 - Foreign securities-Insurer authorized to do business in foreign country-Limitation as to amount
- Section 58-27-30 - Collateral loans-Pledge of securities-Restricted amount
- Section 58-27-31 - Policy loans by life insurer-Maximum amount
- Section 58-27-32 - Real estate mortgages and deeds of trust
- Section 58-27-33 - Improved real property defined
- Section 58-27-34 - Interests and restrictions not constituting encumbrances upon improved real property
- Section 58-27-35 - Deduction of sum owing on real property but not due or delinquent-Reserved rights not included in fair value of property
- Section 58-27-36 - Bonds or notes secured by mortgage or trust deed guaranteed by federal housing administration
- Section 58-27-37 - Bonds or notes secured by mortgage or trust deed guaranteed by administrator of veterans' affairs
- Section 58-27-38 - Equity of seller of real property in contract for deed-Maximum amount of investment
- Section 58-27-39 - Evidences of debt secured by mortgage or trust deed upon leasehold estates-Eligibility for investment
- Section 58-27-40 - Purchase money mortgage or other securities received by insurer upon sale or exchange of real property
- Section 58-27-41 - Maximum loan on security of real property-Misdemeanor
- Section 58-27-42 - Real property mortgage loan limited by property value-Loan on leasehold-Additional investment in other assets
- Section 58-27-43 - Deduction from loan of amount guaranteed by administrator of veterans' affairs
- Section 58-27-44 - Appraisal to determine market value of property
- Section 58-27-45 - Loan on or investment in real estate mortgage on security of chattel mortgage-Limited amount
- Section 58-27-46 - "Durable equipment" defined
- Section 58-27-47 - Acquisition of chattel mortgage-Separate appraisal of included items to determine fair market value-Maximum amount of loan
- Section 58-27-48 - Liens on personal property as additional security permitted
- Section 58-27-49 - Sale of mortgage loans to federal national mortgage association
- Section 58-27-50 - Restrictions on purposes and amount of real estate investments
- Section 58-27-51 - Maximum investments in other assets-Exceptions
- Section 58-27-51.1 - Additional investment authority-Life and health insurers
- Section 58-27-51.2 - Additional investment authority-Property and casualty insurers
- Section 58-27-51.3 - Additional investment authority-Valuation of investments
- Section 58-27-52 - Limits on categories of investments
- Section 58-27-53 - Maximum amount of investments or loans with one person, institution, corporation, or municipal corporation-Exceptions
- Section 58-27-54 - Maximum amount of investment in voting stock of corporation-Exceptions
- Section 58-27-55 - Maintenance of invested funds-Minimum amount-Guaranteed securities-Real property
- Section 58-27-56 - Minimum investments by life insurer
- Section 58-27-57 - Maximum amount of investment in certain classes of securities
- Section 58-27-58 - Limitations on investments in corporate stock-Exceptions
- Section 58-27-59 - [Repealed]
- Section 58-27-60 - Limits of investments in real estate-Law governing
- Section 58-27-61 - Investment or loans on own capital stock
- Section 58-27-62 - Loan secured by own stock as collateral
- Section 58-27-63 - [Repealed]
- Section 58-27-64 - Affiliate defined
- Section 58-27-65 - Finding of director that security designed to evade chapter-Investment or loan prohibited
- Section 58-27-66 - Pension or profit-sharing trust agreement not prohibited
- Section 58-27-67 - Underwriting of securities or property prohibited
- Section 58-27-68 - Foreign insurer-Permitted investment portfolio-Domicile of alien insurer
- Section 58-27-69 - Authorization of investment or loan by board or committee of insurer
- Section 58-27-70 - Disposal of real estate unnecessary for transaction of insurance business-Time limit
- Section 58-27-71 - Disposal of real estate acquired in satisfaction of debt, as part payment of consideration on sale of real estate, as gift or devise, or through merger, consolidation, or bulk reinsurance-Time limit
- Section 58-27-72 - Extension of time for disposal of real estate-Election to hold as investment for income purposes, acquisition cost
- Section 58-27-73 - Immediate disposal of ineligible property or security unlawfully acquired
- Section 58-27-74 - Disposal of lawfully acquired ineligible property-Extension of time
- Section 58-27-75 - Ineligible personal property or securities not allowable as assets of insurer
- Section 58-27-76 - Expiration of period for disposal of ineligible property or securities-Disallowance as admitted asset
- Section 58-27-77 - Immediate disposal of ineligible investment unlawfully acquired
- Section 58-27-78 - Nominee holding investments-Definitions
- Section 58-27-79 - Name in which investments held
- Section 58-27-80 - Holding in name of clearing corporation, custodian bank or nominee-Conditions
- Section 58-27-81 - Securities lending, repurchase, reverse repurchase and dollar roll transactions-Agreement required
- Section 58-27-82 - Participation in federal reserve book-entry system
- Section 58-27-83 - Interest in pool of obligations-Fractional interest in an obligation-Requirements
- Section 58-27-84 - Evidence of investment required in absence of certificate
- Section 58-27-85 - Banking business authorized-Acquisition of banks-Regulation of such banking business
- Section 58-27-86 - Approval of banking acquisition required-Considerations in determining-Conditions
- Section 58-27-87 - Banking patronage as prerequisite to issuance of insurance policy prohibited
- Section 58-27-88 - Limitation on application of Secondary Mortgage Market Enhancement Act to certain investments
- Section 58-27-89 - Definition of terms
- Section 58-27-90 - Limitations on acquiring medium or lower grade obligations
- Section 58-27-91 - Obligations contracted prior to July 1, 1992
- Section 58-27-92 - Multiple obligations in same institution
- Section 58-27-93 - Written plans for making medium or lower grade obligations-Contents of plan-Deadline
- Section 58-27-94 - Limit on amount invested in medium or lower grade obligations
- Section 58-27-95 - Restructuring of medium or lower grade obligation already held
- Section 58-27-96 - Conflicting provisions
- Section 58-27-97 - Excess transactions
- Section 58-27-98 - Promulgation of rules
- Section 58-27-99 - Application of sections 58-27-89 to 58-27-102
- Section 58-27-100 - Time limit for compliance with sections 58-27-89 to 58-27-102
- Section 58-27-101 - Investment in money market funds
- Section 58-27-102 - Investment in company owned life insurance contracts
- Section 58-27-103 - Investment in a collateralized pool of mortgages-Requirements-Restrictions
- Section 58-27-104 - Investment in a collateralized pool of assets other than mortgages-Requirements
- Section 58-27-105 - Foreign investments
- Section 58-27-106 - [Repealed]
- Section 58-27-107 - Ratification of investment
- Section 58-27-108 - Rating and valuation of investments-Requirements-Divestment
- Section 58-27-109 - Institution defined
- Section 58-27-110 - Title plans investments
- Section 58-27-111 - Joint venture and limited partnership investments