R.I. Gen. Laws § 27-11.1-5

Current through 2024 Public Law 24

Section 27-11.1-5 - Investment in collateral loans

A domestic insurance company may invest in collateral loans, provided, that the collateral loans invested in by the company shall not exceed in the aggregate ten percent (10%) of the domestic insurance company's admitted assets.

P.L. 1984, ch. 170, § 1; P.L. 1991, ch. 348, § 6.