1996 Alaska Statutes
TITLE 21 INSURANCE
Chapter 21.21. INVESTMENTS
Sec. 21.21.245. Pooled investments.
(a) An insurer may invest in the securities of eligible pooled investment companies, if 90 percent of the assets of the pooled investment companies would otherwise be eligible for investment under AS 21.21.060 , 21.21.150, 21.21.160, 21.21.200, 21.21.225, or 21.21.230, if the investments were not held in a pooled investment format.
(b) In determining adherence to the limits established under AS 21.21.050, the pooled investments are measured as if the insurer held pro rata the investments of the pooled investment company.
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