An insurer may invest in loans guaranteed as to principal and interest by the United States of America or by any agency or instrumentality of the United States of America to the extent of such guaranty.
Ala. Code § 27-41-8
Particular Investments - Loans Guaranteed by United States.
(Acts 1977, No. 408, p. 530, §8.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.