33-2-833. Obligations of federal housing administrator and national mortgage associations. Notwithstanding other provisions of the law, it is lawful for any insurance company operating under the laws of this state to invest the funds in its custody or possession, eligible for investment, in debentures issued by the federal housing administrator and in obligations of national mortgage associations.
History: En. Sec. 1, Ch. 5, Ex. L. 1933; amd. Sec. 1, Ch. 37, L. 1935; re-en. Sec. 5309.35, R.C.M. 1935; amd. Sec. 1, Ch. 24, L. 1937; R.C.M. 1947, 35-142(part); amd. Sec. 11, Ch. 198, L. 1979.