33-2-812. State, county, municipal, and school obligations. An insurer may invest any of its funds in bonds or other evidences of indebtedness which are general obligations of or are secured by pledge of specific revenues by this state or of any other state of the United States or province of Canada or of any of the counties or incorporated cities or towns or duly organized school districts or other taxing districts of such states or provinces.

     History: En. Sec. 105, Ch. 286, L. 1959; R.C.M. 1947, 40-3108.