A domestic insurance company may invest in those assets, which are currently reported in Schedule BA of its annual statement; provided, that those investments do not exceed in the aggregate ten percent (10%) of the company’s admitted assets. Those investments may include, but are not limited to, the following types of investments: (1) All loans on or investments in oil and gas production payments; (2) All transportation equipment; (3) Timber deeds; (4) Mineral rights carried as admitted assets; (5) Motor vehicle trust certificates; and (6) Any other class of admitted investment not clearly includible in other statement schedules. History of Section.P.L. 1984, ch. 170, § 1.
Rhode Island Legal Code