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§ 575 — 575 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

575

U.S. Virgin Islands § 575 — U.S. Virgin Islands law

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Upon advance approval of the Commissioner and in compliance with section 552 of this title, an insurer may make any investment or kind of investment or exchange of assets otherwise prohibited or not eligible under any other section of this chapter. The Commissioner's order of approval if granted shall specify whether the investment or any part thereof may be credited to required minimum capital or surplus investments, or to investment of reserves.