26-7-110. Miscellaneous loans and investments.
(a) An insurer may make loans or investments not otherwise expressly permitted under this chapter, in aggregate amounts not over five percent (5%) of the insurer's assets and not over one percent (1%) of those assets as to any one loan or investment, if the loan or investment fulfills the requirements of W.S. 26-7-103 and otherwise qualifies as a sound investment. No such loan or investment shall be represented by:
(i) Any item excluded under W.S. 26-6-102 or any loan or investment otherwise expressly prohibited;
(ii) Agents' balances or amounts advanced to or owing by agents, except as to policy loans, mortgage loans and collateral loans otherwise authorized under this chapter;
(iii) Any category of loans or investments expressly eligible under any other provisions of this chapter;
(iv) Any asset theretofore acquired or held by the insurer under any other category of loans or investments eligible under this chapter.
(b) An insurer may make loans to industrial development corporations under the laws of this state in an amount not exceeding the limits set forth in W.S. 17-11-106(b)(iii).
(c) The insurer shall keep a separate record of all loans and investments made under this section.