Section 58-27-9 - Obligations of United States or Canada.

58-27-9. Obligations of United States or Canada. An insurer may invest in bonds, notes, warrants, and other evidences of indebtedness which are direct obligations of the United States of America or of Canada or for which the full faith and credit of the United States of America or of Canada is pledged for the payment of principal and interest.

Source: SL 1966, ch 111, ch 6, § 6.