Nebraska Statutes 44-5151. Other investment grade obligations
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(1) An insurer may hold investments not otherwise authorized under the Insurers Investment Act if such investments:
Terms Used In Nebraska Statutes 44-5151
- 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
(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.