§431:6-319  Miscellaneous investments. (a)  An insurer may loan or invest its funds in an aggregate amount notexceeding the lesser of the following sums:  Five per cent of its assets orfifty per cent of its surplus over its capital and other liabilities, or, if amutual or reciprocal insurer, fifty per cent of its surplus over the minimumrequired surplus, in kinds of loans or investments not otherwise specificallymade eligible for investment and not specifically prohibited or made ineligibleby this or other provisions of this article.

(b)  No such loan or investment shall berepresented by:

(1)  Any item described in section 431:5-202;

(2)  Any loan or investment of a kind specificallymade eligible under any other provision of this code; or

(3)  Any loan, investment, or assets theretoforeacquired or held by the insurer under any other category of loans orinvestments.

(c)  No one investment or loan shall exceed theamount specified in subsection (a) or one per cent of insurer's assets,whichever is the lesser.

(d)  The insurer shall keep a separate recordof all investments acquired under this section. [L 1987, c 347, pt of §2]