An insurer may invest in obligations and stock which are stated, issued, assumed or guaranteed by the following agencies of the government of the United States:

1. I. Farm Loan Bank.
2. II. Commodity Credit Corporation.
3. III. Federal intermediate credit banks.
4. IV. Federal land banks.
5. V. Central Bank for Cooperatives.
6. VI. Federal home loan banks, and stock thereof.
7. VII. Federal National Mortgage Association, and stock thereof.
8. VIII. Government National Mortgage Association.
9. IX. International Bank for Reconstruction and Development.
10. X. Inter-American Development Bank.

11. XI. Asian Development Bank.

    XI-a. African Development Bank.

12. XII. Federal Home Loan Mortgage Corporation.
13. XIII. Any other similar agency of, or participated in by, the government of the United States and of similar financial quality.

Source. 1978, 11:1. 1990, 21:2. 2009, 186:9, eff. Jan. 1, 2010.