Federal Agencies.
An insurer may invest in obligations issued or guaranteed by the following agencies of the United States of America: (1) Commodity Credit Corporation; (2) Federal intermediate credit banks; (3) Federal land banks; (4) Central bank for cooperatives; (5) Federal home loan banks;
(6) Federal National Mortgage Association; (7) Federal Home Loan Mortgage Corporation; (8) Tennessee Valley Authority; and (9) Any other similar agency of the government of the United States of America having similar financial quality.
History: (Acts 1977, No. 408, p. 530, §12.)