A sponsor shall invest the funds of a prepaid legal services plan only in such investments as are authorized by the laws of this state for the investment of assets of domestic casualty insurance companies and subject to the limitations thereon or in such investments as are authorized by the laws of this state for the investment of assets of corporations authorized to transact business in this state pursuant to the provisions of Title 83, Mississippi Code of 1972, as the case may be.
Structure Mississippi Code
Chapter 49 - Legal Expense Insurance
§ 83-49-1. Purposes and construction of chapter
§ 83-49-3. Persons to whom chapter applies
§ 83-49-19. Advertising standards
§ 83-49-21. Provisions of §§ 83-5-29 through 83-5-51 applicable to plan sponsors
§ 83-49-23. Capitalization of sponsors other than insurers; impairment
§ 83-49-25. Annual report; contents
§ 83-49-29. Hearings and proceedings to be in conformity with §§ 83-17-123 et seq
§ 83-49-33. Venue provisions applicable to sponsors
§ 83-49-35. Rules and regulations
§ 83-49-37. Insurers to be in conformity with this chapter and other laws
§ 83-49-39. Investment of funds
§ 83-49-41. Disposition of deposits
§ 83-49-45. Tax imposed on premiums; collection and enforcement