Certificates of deposit in federally insured banks.

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58-27-14. Certificates of deposit in federally insured banks.

An insurer may invest in certificates of deposit in any bank that is a member of the federal deposit insurance corporation.

Source: SL 1966, ch 111, ch 6, §18; SL 1971, ch 265, §1; SL 1974, ch 316.


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