Nebraska Statutes

§ 44-5151 — Other investment grade obligations

Nebraska·Ch. 44 Insurance
(1)An insurer may hold investments not otherwise authorized under the Insurers Investment Act if such investments:
(a)Have minimum quality ratings as described in subdivision (2) of section 44-5112 ; and
(b)In the aggregate do not exceed one hundred percent of the insurer's policyholders surplus.
(2)Investments authorized under any other section of the Insurers Investment Act, except section 44-5153 , shall not be authorized investments under this section.

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Nebraska § 44-5151 (Other investment grade obligations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1991, LB 237, § 51; Laws 1997, LB 273, § 23.

Nearby Sections

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