There is a newer version of the Nebraska Revised Statutes
2006 Nebraska Revised Statutes - § 44-5108 — Convertible securities.
Section 44-5108Convertible securities.
An insurer may invest in securities which are convertible into other securities if:
(1) The convertible securities are authorized under the Insurers Investment Act at the time of acquisition; and
(2) The securities into which such securities are convertible are authorized under the act at the time of conversion.
Source:
- Laws 1991, LB 237, § 8
~Reissue Revised Statutes of Nebraska
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