§ 27-7-1-5 — Investments

Any such Lloyds as may be thus authorized to
do business in this state shall not invest its funds except in accordance
with the laws of this state relative to the investment of the funds of
domestic stock insurance companies doing a similar business, except
in such securities as may be held by said Lloyds as a guaranty for the
payment of any subscription.
Formerly: Acts 1919, c.177, s.5.