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2005 Idaho Code - 41-711 — CORPORATE OBLIGATIONS

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 7
                                 INVESTMENTS
    41-711.  CORPORATE OBLIGATIONS. An insurer may invest any of its funds in
obligations other than those eligible for investment under section 41-721,
Idaho Code, (mortgage loans and contracts), if they are issued, assumed, or
guaranteed by any solvent institution created or existing under the laws of
the United States or of any state, district or territory thereof, or of the
government of Canada or any province thereof, and if said institution is not
in default as to principal or interest on any of its obligations.
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