(a) An insurer may invest in property and facilities, and any interests and rights in properties and facilities, for the development and production of fossil or synthetic fuel or other minerals, including, but not limited to, investments relating to:
(1) The exploration for and development and production of those fuels and minerals; and
(2) Ownership and control of the property, facilities, interests, and rights.
(b) Investment in property and facilities, and any interests and rights in the properties and facilities for the development and production of fossil or synthetic fuel or other minerals under this section shall not exceed two percent (2%) of the insurer's assets.
Section: Previous 23-63-828 23-63-829 23-63-830 23-63-831 23-63-832 23-63-833 23-63-834 23-63-835 23-63-836 23-63-837 23-63-839 23-63-840 23-63-841 23-63-842 NextLast modified: November 15, 2016