41-709. IRRIGATION DISTRICT BONDS. An insurer may invest in the legally issued bonds, not delinquent as to principal or interest, of any solvent irrigation district created as provided by law in this state, or in any other state, whose water rights shall have been legally acquired and finally determined, and shall be fully adequate to supply sufficient water to properly irrigate all the land within such district, and which shall be adequately irrigating not less than thirty per cent (30%) of the lands within such irrigation district.
History:
[41-709, added 1961, ch. 330, sec. 146, p. 645.]
Structure Idaho Code
Section 41-702 - ELIGIBLE INVESTMENTS.
Section 41-703 - GENERAL QUALIFICATIONS.
Section 41-704 - AUTHORIZATION OF INVESTMENTS.
Section 41-705 - RECORD OF INVESTMENTS.
Section 41-706 - DIVERSIFICATION OF INVESTMENTS.
Section 41-707 - PUBLIC OBLIGATIONS.
Section 41-708 - OBLIGATIONS AND STOCK OF CERTAIN FEDERAL AGENCIES.
Section 41-709 - IRRIGATION DISTRICT BONDS.
Section 41-710 - INTERNATIONAL BANK.
Section 41-711 - CORPORATE OBLIGATIONS.
Section 41-712 - CERTAIN TERMS DEFINED.
Section 41-713 - PREFERRED STOCKS — DIVERSIFICATION.
Section 41-714 - COMMON STOCKS.
Section 41-715 - INSURANCE STOCKS.
Section 41-716 - INVESTMENT TRUST SECURITIES.
Section 41-717 - EQUIPMENT TRUST OBLIGATIONS.
Section 41-718 - POLICY LOANS.
Section 41-719 - COLLATERAL LOANS.
Section 41-720 - SAVINGS AND SHARE ACCOUNTS.
Section 41-721 - MORTGAGE LOANS AND CONTRACTS.
Section 41-722 - MORTGAGE LOAN LIMITED BY PROPERTY VALUE.
Section 41-723 - APPRAISAL — LIMIT OF AMOUNT LOANED.
Section 41-724 - “IMPROVED REAL PROPERTY” DEFINED.
Section 41-725 - “ENCUMBRANCE” DEFINED.
Section 41-726 - SPECIAL INVESTMENTS BY TITLE INSURER.
Section 41-727 - FOREIGN SECURITIES.
Section 41-729 - TIME LIMIT FOR DISPOSAL OF REAL ESTATE.
Section 41-730 - DISPOSAL OF INELIGIBLE PROPERTY AND SECURITIES.
Section 41-731 - PROHIBITED INVESTMENTS AND INVESTMENT UNDERWRITING.
Section 41-732 - DOMESTIC RECIPROCAL INSURER.
Section 41-733 - SUBSIDIARY INVESTMENTS.
Section 41-734 - SEPARATE ACCOUNT FUNDS.