7-1-901. Authorized insurance activities of depository institutions.
(1) A depository institution authorized to do business in this state under this title may directly, or indirectly through a subsidiary or affiliate, engage in the following insurance activities: engage in the insurance business as defined under Sectionexcept as may be limited by federal law; 31A-1-301 act as an insurance producer or consultant as defined under Section; or 31A-1-301 engage in insurance adjusting as defined in Section. 31A-26-102
(2) A depository institution, subsidiary, or affiliate, that engages in insurance activities authorized under Subsectionshall be subject to. (1) Title 31A, Insurance Code