Nebraska Statutes 44-5131. International development bank obligations
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An insurer may invest in obligations of an international development bank of which the United States is a member. Any investment authorized under this section shall have a minimum quality rating as described in subdivision (1) of section 44-5112. An insurer’s investments authorized under this section shall not exceed twenty percent of its admitted assets.
Terms Used In Nebraska Statutes 44-5131
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Insurer: shall include all companies, exchanges, societies, or associations whether organized on the stock, mutual, assessment, or fraternal plan of insurance and reciprocal insurance exchanges. See Nebraska Statutes 44-103
- United States: shall include territories, outlying possessions, and the District of Columbia. See Nebraska Statutes 49-801