41-717 — EQUIPMENT TRUST OBLIGATIONS


                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 7
                                 INVESTMENTS
    41-717.  EQUIPMENT TRUST OBLIGATIONS. An insurer may invest any of its
funds, in an aggregate amount not exceeding ten per cent (10%) of its assets,
in equipment trust obligations or certificates which are adequately secured or
in other adequately secured instruments evidencing an interest in
transportation equipment wholly or in part within the United States and the
right to receive determined portions of rental, purchase or other fixed
obligatory payments for the use or purchase of such transportation equipment.