§ 27-2-6-1 — Authorized investments

Any life insurance, fire insurance, livestock
insurance, casualty or accident insurance, or bonding or surety
company, or trust company or savings bank now or hereafter organized
under the laws of the state of Indiana, in addition to the investments
now authorized by law, be and it hereby is authorized and empowered
to invest its funds in obligations issued by or for federal land banks,
federal intermediate credit banks and banks for cooperatives under the
Farm Credit Act of 1971 (12 U.S.C. 2001 et seq.) and such obligations
are hereby declared eligible for any deposit required of any such
company under the laws of this state.
Formerly: Acts 1931, c.55, s.1; Acts 1975, P.L.44, SEC.3. As
amended by P.L.124-2018, SEC.61.