KRS 304.7-250: Special investments of title insurers.

(1) A title insurer may also have invested funds in an amount not exceeding fifty

percent (50%) of its paid -in capital stock and its surplus, in its abstract plant and

equipment and in stocks of abstract companies.

(2) A title insurer may also invest and have invested at any one time not in excess of

twenty percent (20%) of its assets in loans to abstract companies, which loans are

adequately secured as to principal and interest by chattel mortgages upon the books,

maps, files, abstract records and other personal property of the mortgagor.

(3) Investments authorized under subsections (1) and (2) of this section shall not be

credited against required reserves.