Maine § 24-A §1127 Leased property and noncorporate obligations

Maine Statutes

§ 24-A §1127 — Leased property and noncorporate obligations

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 13 INVESTMENTS

1.An insurer may invest in personal or real property owned either by the insurer, or a trustee, while under lease to a lessee able to meet any one of the earnings tests provided by section 1109.

2.In addition to investments otherwise permitted under this chapter, an insurer may invest in obligations, other than those of institutions as defined in section 1110, subsection 1‑A, paragraph H, which are secured by:

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1.
An insurer may invest in personal or real property owned either by the insurer, or a trustee, while under lease to a lessee able to meet any one of the earnings tests provided by section 1109.
2.
In addition to investments otherwise permitted under this chapter, an insurer may invest in obligations, other than those of institutions as defined in section 1110, subsection 1‑A, paragraph H, which are secured by:

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