§431:6-302  Corporate obligations.  An
insurer may invest any of its funds in obligations other than those eligible
for investment under section 431:6-306 if they are:



(1)  Issued, assumed, or guaranteed by any solvent
institution created or existing under the laws of the United States or of any
state, or district thereof; and



(2)  Filed with the SVO or are considered "filing
exempt" by the Purposes and Procedures Manual of the SVO, or its successor
publication. [L 1987, c 347, pt of §2; am L 2008, c 142, §5]