Maine Revised Statutes

§1129. Special investments of title insurers

1.    A title insurer may also have invested funds in an amount not exceeding 50% of its paid-in capital stock and its surplus, in its abstract plant and equipment and in stocks of abstract companies.
[ 1969, c. 132, §1 (NEW) .]
2.    Investments authorized under subsection 1 shall not be credited against required reserves.
[ 1969, c. 132, §1 (NEW) .]
SECTION HISTORY
1969, c. 132, §1 (NEW).

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