Wyoming Statutes
§ 26-7-109 — Collateral loans
An insurer may lend and thereby invest its funds upon the pledge
of securities eligible for investment under this chapter. As of
the date made, no such loan shall exceed in amount ninety
percent (90%) of the market value of the collateral pledged. The
amount loaned shall be included pro rata in determining the
maximum percentage of funds permitted under this chapter to be
invested in the categories of securities so pledged.
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Nearby Sections
15
§ 26-3-122
35-7-361. Inspection of equipment§ 26-7-101
Scope of chapter§ 26-7-103
Eligible investments§ 26-7-104
General qualifications for investments§ 26-7-105
Investment authorization; record§ 26-7-107
Authorized investments§ 26-7-108
Policy loans§ 26-7-109
Collateral loans§ 26-7-110
Miscellaneous loans and investments§ 26-7-111
Security interest in chattels