(1) Investments and sales or exchanges thereof, except for policy loans of an insurer issuing life insurance policies, shall be approved by the board of directors or a committee thereof charged with the duty of investing the funds of the insurer.
(2) Deposits shall be made in banks or banking institutions approved by the board of directors. [Formerly 738.335]
Section: Previous 733.660 733.670 733.680 733.685 733.690 733.695 733.700 733.710 733.720 733.730 733.740 733.750 733.760 733.770 733.780 NextLast modified: August 7, 2008