§ 17-47b-9

17:47B-9 Compliance with investment requirements. 9. a. A captive insurance company shall comply with investment requirements to be prescribed by the commissioner by regulation. b. A pure captive insurance company shall not make a loan to, or an investment in, its parent company or affiliates without prior written approval of the commissioner, and a loan or investment shall be evidenced by documentation approved by the commissioner. A pure captive insurance company shall not make a loan using the minimum capital and surplus funds required by section 3 of this act. L.2011, c.25, s.9.