44-5151 Other investment grade obligations. - Nebraska Statutes

44-5151. Other investment grade obligations.(1) An insurer may hold investments not otherwise authorized under the Insurers Investment Act if such investments:(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. SourceLaws 1991, LB 237, § 51; Laws 1997, LB 273, § 23.