Idaho Code
Chapter 7 - INVESTMENTS
Section 41-736 - PERMITTED INVESTMENTS.

41-736. PERMITTED INVESTMENTS. Subject to other limitation in chapter 7, title 41, Idaho Code, an insurer shall not invest or have invested at any one time more than sixty-five percent (65%) of its assets in investments described in sections 41-721 and 41-728, Idaho Code. Any insurer which, on July 1, 2003, has in excess of sixty-five percent (65%) of its assets so invested shall not make any further such investments while the excess exists. The limitations prescribed in this section shall not apply to mortgage-backed securities rated one or two by the securities valuation office (SVO) of the national association of insurance commissioners or to mortgage-backed securities which qualify as provisionally exempt from filing with the SVO.

History:
[41-736, added 2003, ch. 163, sec. 2, p. 460.]

Structure Idaho Code

Idaho Code

Title 41 - INSURANCE

Chapter 7 - INVESTMENTS

Section 41-701 - INVESTMENTS.

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 41-728 - REAL ESTATE.

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.

Section 41-735 - MISCELLANEOUS INVESTMENTS.

Section 41-736 - PERMITTED INVESTMENTS.