Section 27-11.1-2 Maximum investments in mortgage loans.

RI Gen L § 27-11.1-2 (2019) (N/A)
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§ 27-11.1-2. Maximum investments in mortgage loans. A domestic insurance company may invest in mortgage loans; provided, that any mortgage loan or loans made or acquired by the domestic insurer on any one or all properties shall not exceed in the aggregate ten percent (10%) of its admitted assets.

History of Section. (P.L. 1984, ch. 170, § 1.)