Indiana Code 8-15-1-1. Eligibility of bonds
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Terms Used In Indiana Code 8-15-1-1
- insurance company: means and includes any stock, mutual, reciprocal, assessment or fraternal benefit company or society writing any life, fire, livestock, casualty, health, hospital, accident or bonding insurance or reinsurance, which company or society is organized under the laws of the state of Indiana. See Indiana Code 8-15-1-2
Sec. 1. Every financial institution, insurance company and trust fund, in addition to the investments now authorized by law, is authorized to invest any of its funds of any kind or character in any toll road revenue bonds of the state issued by the Indiana department of transportation pursuant to IC 8-15-2, and such bonds are hereby declared eligible for deposit by any financial institution, insurance company, or trust fund under any law of this state providing for the deposit of securities or funds.
Formerly: Acts 1953, c.131, s.1. As amended by Acts 1980, P.L.74, SEC.221; P.L.18-1990, SEC.127.