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2019 Wyoming Statutes
Title 26 - Insurance Code
Chapter 7 - Investments
Section 26-7-109 - Collateral Loans.
Universal Citation: WY Stat § 26-7-109 (2019)
26-7-109. Collateral loans.
An insurer may lend and thereby invest its funds upon the pledge of securities eligible for investment under this chapter. As of the date made, no such loan shall exceed in amount ninety percent (90%) of the market value of the collateral pledged. The amount loaned shall be included pro rata in determining the maximum percentage of funds permitted under this chapter to be invested in the categories of securities so pledged.
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