1. (1) Certain other securities are approved for bank investment. There is no dollar limit on a bank's investment in:

   1. (a) general services administration (participation certificates) ;
   2. (b) maritime administration (bonds and notes) ; and
   3. (c) Washington metropolitan area transit authority (bonds) .

2. (2) A bank's investment is limited to 50% of capital and surplus in:

   1. (a) Asian development bank (bonds and notes) ;
   2. (b) financing corporation (FICO) (bonds) ;
   3. (c) Inter-American development bank (bonds) ;
   4. (d) resolution funding corporation (REFCORP) (bonds) ;
   5. (e) Tennessee valley authority (TVA) (bonds) ; and
   6. (f) world bank (bonds and notes) .

Authorizing statute(s): Sec. 32-1-433, MCA

Implementing statute(s): Sec. 32-1-424, 32-1-433, MCA

History: NEW, 2002 MAR p. 166, Eff. 2/1/02.