Arkansas Statutes

§ 23-63-820 — Investment trust securities

Arkansas·Title 23
An insurer may invest in the securities of any management-type investment company or investment trust registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as from time to time amended, if the investment company or trust has been organized for not less than two (2) years and has assets not less than fifty million dollars ($50,000,000) at the date of investment by the insurer.

Free access — add to your briefcase to read the full text and ask questions with AI

Arkansas § 23-63-820 (Investment trust securities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1959, No. 148, § 116; 1983, No. 522, § 8; A.S.A. 1947, § 66-2620.

Nearby Sections

15
View on official source ↗