Federally insured savings and loan accounts.

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58-27-15. Federally insured savings and loan accounts.

To the extent that such an account is insured by the Savings Association Insurance Fund (SAIF), or any successor organizations, an insurer may invest in share or savings accounts of savings and loan and building and loan associations.

Source: SL 1966, ch 111, ch 6, §21; SL 1971, ch 265, §2; SL 1982, ch 364; SL 1997, ch 294, §5.


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