TITLE 41

INSURANCE

CHAPTER 8

ADMINISTRATION OF DEPOSITS

41-809.  Rights of insurer during solvency. So long as the insurer remains solvent and is in compliance with this code it may:

(1)  Demand, receive, sue for and recover the income from the securities or assets deposited;

(2)  Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and

(3)  At any reasonable time inspect any such deposit.

History:

[41-809, added 1961, ch. 330, sec. 178, p. 645.]