§431:6-317  Common stocks.  (a)  To meetthe requirements under section 431:6-201, an insurer may invest any of itsfunds in common shares of stock that are filed with the SVO or are considered"filing exempt" by the Purposes and Procedures Manual of the SVO, orits successor publication; provided that an insurer's amount of investment incommon stocks and in non-dividend paying stocks made pursuant to this sectionand in common trust funds, mutual funds, and exchange traded funds madepursuant to section 431:6-322 shall not exceed the greater of twenty-five percent of its admitted assets or one hundred per cent of its surplus as regardsto policyholders as defined in section 431:6-101.

(b)  An insurer may invest any of its funds incommon shares of stock in solvent United States corporations after satisfyingthe requirements under section 431:6-201.

(c)  An insurer's aggregate amount ofinvestment in non-dividend paying stocks shall be subject to the limitations insection 431:6-104. [L 1987, c 347, pt of §2; am L 2008, c 142, §8; am L 2009, c77, §4]