1996 Alaska Statutes
TITLE 21 INSURANCE
Chapter 21.21. INVESTMENTS
Sec. 21.21.240. Foreign securities.
An insurer authorized to transact insurance in a foreign country may make investments, in aggregate amount not exceeding its deposit and obligations incurred in that country, in securities of or in that country possessing characteristics and of a quality similar to like investments required under this chapter for investments in the United States of America. Canadian securities eligible for investment under other provisions of this chapter are not subject to this section.
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