§431:6-317  Common stocks.  (a)  To meet
the requirements under section 431:6-201, an insurer may invest any of its
funds 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, or
its successor publication; provided that an insurer's amount of investment in
common stocks and in non-dividend paying stocks made pursuant to this section
and in common trust funds, mutual funds, and exchange traded funds made
pursuant to section 431:6-322 shall not exceed the greater of twenty-five per
cent of its admitted assets or one hundred per cent of its surplus as regards
to policyholders as defined in section 431:6-101.



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



(c)  An insurer's aggregate amount of
investment in non-dividend paying stocks shall be subject to the limitations in
section 431:6-104. [L 1987, c 347, pt of §2; am L 2008, c 142, §8; am L 2009, c
77, §4]