Ohio § 3907.141 Federal limitations on investments

Ohio Statutes

§ 3907.141 — Federal limitations on investments

Ohio § 3907.141

Title 39Insurance

Ch. 3907Domestic Legal Reserve Life Insurance Companies

This text of Ohio § 3907.141 (Federal limitations on investments) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3907.141 (2026).

Text

(A)Any securities described in section 77r-1 of the "Secondary Mortgage Market Enhancement Act of 1984," 98 Stat. 1689, 15 U.S.C.A. 77r-1, shall be subject to all limitations prescribed in section3907.14of the Revised Code for investments not guaranteed by the full faith and credit of the United States.

(B)Notwithstanding division (A) of this section, on and after August 8, 1991, a domestic life insurance company may invest in any of the following securities, subject to any applicable limitations contained in rules adopted by the superintendent of insurance:

(1)Securities offered and sold pursuant to 15 U.S.C.A. section 77d(5);

(2)Mortgage related securities described in 15 U.S.C.A. section 78c(a)(41);

(3)Securities issued or guaranteed by the federal home loan mortgage corporatio

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(A) Any securities described in section 77r-1 of the "Secondary Mortgage Market Enhancement Act of 1984," 98 Stat. 1689, 15 U.S.C.A. 77r-1, shall be subject to all limitations prescribed in section3907.14of the Revised Code for investments not guaranteed by the full faith and credit of the United States.

(B) Notwithstanding division (A) of this section, on and after August 8, 1991, a domestic life insurance company may invest in any of the following securities, subject to any applicable limitations contained in rules adopted by the superintendent of insurance:

(1) Securities offered and sold pursuant to 15 U.S.C.A. section 77d(5);

(2) Mortgage related securities described in 15 U.S.C.A. section 78c(a)(41);

(3) Securities issued or guaranteed by the federal home loan mortgage corporation or the federal national mortgage association.