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Florida Statutes (Last Updated: April 21, 2021) |
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TITLE XXXVII. INSURANCE |
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CHAPTER 625. ACCOUNTING, INVESTMENTS, AND DEPOSITS BY INSURERS |
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PART II. INVESTMENTS |
Latest version.
- 1An insurer may invest in bonds, debentures, or other securities of the following agencies, whether or not such obligations are guaranteed by the Government of the United States:29(1) 30The Federal National Mortgage Association, and stock thereof when acquired in connection with the sale of mortgage loans to such association.51(2) 52Any federal land bank, when such securities are issued under provisions of the Act of Congress entitled the 70171“Federal Farm Loan Act” and approved July 17, 1916, and any acts amendatory or supplementary to that act.89(3) 90Any federal home loan bank, when such securities are issued under provisions of the Act of Congress entitled “Federal Home Loan Bank Act” and approved July 22, 1932.118(4) 119The Home Owners’ Loan Corporation, created by the Act of Congress entitled “Home Owners’ Loan Act of 1933” and approved June 13, 1933.142(5) 143Any federal intermediate credit bank, created by the Act of Congress entitled 1552156“Agricultural Credits Act of March 4, 1923.”163(6) 164The Central Bank for Cooperatives and regional banks for cooperatives organized under the 1773178Farm Credit Act of 1933, or by any of such banks; and any notes, bonds, debentures, or other similar obligations, consolidated or otherwise, issued by farm credit institutions pursuant to the Farm Credit Act of 1971, Pub. L. No. 92-181.218(7) 219Any other similar agency of the Government of the United States which is of similar financial quality.
History.-s. 138, ch. 59-205; s. 3, ch. 74-92; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 105, 122, 809(1st), ch. 82-243; s. 82, ch. 83-216; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
