Idaho Statutes

§ 41-717 — EQUIPMENT TRUST OBLIGATIONS

Idaho·Title 41 INSURANCE·Ch. 7 INVESTMENTS
An insurer may invest any of its funds, in an aggregate amount not exceeding ten per cent (10%) of its assets, in equipment trust obligations or certificates which are adequately secured or in other adequately secured instruments evidencing an interest in transportation equipment wholly or in part within the United States and the right to receive determined portions of rental, purchase or other fixed obligatory payments for the use or purchase of such transportation equipment.

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

Idaho § 41-717 (EQUIPMENT TRUST OBLIGATIONS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

[41-717, added 1961, ch. 330, sec. 154, p. 645.]

Nearby Sections

15
View on official source ↗