58-27-36. Bonds or notes secured by mortgage or trust deed guaranteed by federal housing administration.
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/sd/title-58/chapter-58-27/58-27-36·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An insurer may invest any of its funds in bonds or notes secured by mortgage or trust deed guaranteed or insured by the federal housing administration under the terms of an act of Congress of the United States of June 27, 1934, entitled the "National Housing Act," as amended.