711.12. A legal person may invest its moneys in accordance with the rules contained in the Civil Code as regards investments presumed sound. It may also invest its moneys in accordance with the second paragraph of article 203 of this Code or paragraph d of section 245.0.1 of the Act respecting insurance (chapter A-32).
1992, c. 27, s. 47; 1999, c. 40, s. 60.