§ 58-7-182. Special investments by title insurers.
§58‑7‑182. Special investments by title insurers.
In addition to otherinvestments eligible under this Chapter, a title insurer may invest and haveinvested an amount not exceeding the greater of three hundred thousand dollars($300,000) or fifty percent (50%) of that part of its policyholders' surplusthat exceeds the minimum surplus required by G.S. 58‑7‑75 in itsabstract plant and equipment, in loans secured by mortgages on abstract plantsand equipment, and, with the Commissioner's consent, in stocks of abstractcompanies. (1991, c. 681, s. 29.)