56-27-113 - Investment of funds.

56-27-113. Investment of funds.

The funds of the medical service corporations subject to this chapter shall be invested only in securities permitted by the laws of this state for the investment of assets of life insurance companies.

[Acts 1945, ch. 113, § 16; C. Supp. 1950, § 4186.32 (Williams, § 4186.33); T.C.A. (orig. ed.), § 56-2913.]