N.D. Cent. Code § 26.1-15.1-21
26.1-15.1-21. Investments
26.1-15.1-21. Investments
A society may invest its funds only in investments authorized by the laws of this state for the
investment of assets of life insurers and subject to the limitations thereon. Any foreign society
permitted or seeking to do business in this state which invests its funds in accordance with the
laws of the state, district, territory, country, or province in which it is incorporated, meets the
requirements of this section for the investment of funds.