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2017 Nebraska Revised Statutes
Chapter 44 - INSURANCE
44-5108 Convertible securities.
Universal Citation: NE Code § 44-5108 (2017)
44-5108. Convertible 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, ยง 8.
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