Indiana Code 5-13-12-9. Investment in instruments of indebtedness of credit corporation issued certificate of election by secretary of state
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Terms Used In Indiana Code 5-13-12-9
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 9. In addition to the investments authorized in section 7(d) of this chapter, the board may invest, reinvest, and exchange investments of the insurance fund in excess of the cash working balance in instruments of indebtedness of a credit corporation to which the secretary of state has issued a certificate of election under IC 23-6-4-8.
As added by P.L.19-1987, SEC.14.