§431:6-103 - Eligible investments; scope.
§431:6-103 Eligible investments; scope. (a) This article shall apply to domestic insurers only. Insurers shall investin or loan their funds on the security of, and shall hold as assets, onlyeligible investments as prescribed in this article.
(b) The eligibility of an investment shall bedetermined as of the date of its making or acquisition.
(c) Any limitation based upon the amount ofthe insurer's assets or surplus shall relate to assets or surplus as shown bythe insurer's annual statement as of December 31 preceding date of investment.[L 1987, c 347, pt of §2; am L 2008, c 142, §2]