41-735 — MISCELLANEOUS INVESTMENTS
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TITLE 41
INSURANCE
CHAPTER 7
INVESTMENTS
41-735. MISCELLANEOUS INVESTMENTS. (1) An insurer may loan or invest its
funds in an aggregate amount not exceeding the lesser of the following sums:
five per cent (5%) of its assets, or fifty per cent (50%) of its surplus over
its capital and other liabilities, or if a mutual or reciprocal insurer fifty
per cent (50%) of its surplus over minimum required surplus, in kinds of loans
or investments not otherwise specifically made eligible for investment and not
specifically prohibited or made ineligible by this or other provisions of the
Idaho Code.
(2) The insurer shall keep a separate record of all investments acquired
under this section.