While solvent and complying with this code an insurer shall be entitled:
- (1) To collect and receive interest and dividends accruing on the securities so held on deposit for its account, and
- (2) From time to time exchange and substitute for any of such securities, other securities eligible for deposit and of at least equal value.
[1947 c 79 s .16.09; Rem. Supp. 1947 s 45.16.09.]