1. A. A domestic title insurer shall invest its capital accumulations, up to the sum of One Hundred Thousand Dollars ($100,000.00), in capital investments as defined in subsection A of section 1606 of article 16 (Investments), but subject to the exception in subsection B, below.
2. B. A domestic title insurer may invest its capital and accumulations in excess of One Hundred Thousand Dollars ($100,000.00) in such investments as are made eligible for funds of domestic insurers by article 16; except, that any such insurer may invest an amount not exceeding fifty per cent (50%) of its combined capital and surplus in the preparation and purchase of material or plants or both necessary to enable it to engage in the business of title insurance, and such materials and plants shall be deemed to be capital funds investments and shall be valued as the actual cost thereof.
3. C. Subsections B and C of section 1606 of article 16 shall not apply to domestic title insurers, nor shall such insurers be subject to the limitations as to amount invested in real estate for home office and branch office purposes contained in subdivision A of section 1624 of article 16.

Laws 1957, HB 501, c. 1, § 5002, emerg. eff. May 27, 1957.