Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(a) No pure captive insurance company, group captive insurance company or industrial insured captive insurance company shall be subject to any restrictions on allowable investments whatever, including those
limitations contained in ‘15317 of this Title; provided, however, that the
Commissioner may prohibit or limit any investment that threatens the solvency or liquidity of any such company.

SOURCE: GC § 43710; added by P.L. 17-85:1 Amended by P.L. 24-104:7.