- (1) This rule is issued pursuant to Section 7-1-301(8), and construes and applies to Sections 7-8-13 and 7-8-14.
- (2) This rule applies to industrial loan corporations and thrift institutions.
- (3) This rule defines acceptable investments for the funds of an industrial loan corporation and defines and clarifies investments in real estate pursuant to Sections 7-8-13 and 7-8-14.
KEY: financial institutions
Date of Last Change: February 1, 2011
Notice of Continuation: September 15, 2022
Authorizing, and Implemented or Interpreted Law: 7-1-301; 7-8-13; 7-8-14