Section 411-A:25 – Leased Property.
411-A:25 Leased Property. – An insurer may invest in personal or real property owned either by the insurer or by a trustee, while under lease to a lessee. Source. 1978, 11:1, eff. July 1, 1978.
Section 411-A:26 – Data Processing Systems.
411-A:26 Data Processing Systems. – An insurer may purchase and hold electronic computers and mechanical machines and equipment constituting a data processing and accounting system, provided that the cost thereof shall be amortized in not more than 10 years, and provided further that the unamortized cost thereof shall not at any time exceed one […]
Section 411-A:27 – Policy Loans.
411-A:27 Policy Loans. – An insurer may lend to a policyholder, upon pledge of the policy as collateral security, any sum not exceeding the cash surrender value of the policy; or may lend against pledge or assignment of any of its supplementary contracts or other contracts or obligations, so long as the loan is […]
Section 411-A:28 – Collateral Loans.
411-A:28 Collateral Loans. – An insurer may lend its funds upon the pledge of securities eligible for investment under this chapter. No such loan shall exceed the market value of such collateral pledged. Source. 1978, 11:1. 2009, 186:11, eff. Jan. 1, 2010.
Section 411-A:29 – Foreign Investments and Foreign Currency Exposure.
411-A:29 Foreign Investments and Foreign Currency Exposure. – I. Subject to the limitations of RSA 411-A:6, an insurer may acquire foreign investments, or engage in investment practices with persons of or in foreign jurisdictions, of substantially the same types as those that an insurer is permitted to acquire under this chapter, if, as a […]
Section 411-A:30 – Miscellaneous Investments.
411-A:30 Miscellaneous Investments. – I. An insurer may make loans or investments not otherwise expressly permitted under this chapter and may make loans or investments in amounts in excess of limits set forth in this chapter, in an aggregate amount not over 10 percent of the insurer’s assets, if such loan or investment qualifies […]
Section 411-A:15 – Trustees’ or Receivers’ Obligations.
411-A:15 Trustees’ or Receivers’ Obligations. – An insurer may invest in certificates, notes or other obligations issued by trustees or receivers of any institution created or existing under the laws of the United States or of any state, district or territory thereof, which, or the assets of which, are being administered under the direction […]
Section 411-A:16 – Acceptances, Bills of Exchange.
411-A:16 Acceptances, Bills of Exchange. – An insurer may invest in those bank and bankers’ acceptances and other bills of exchange which are eligible for purchase in the open market by federal reserve banks. Source. 1978, 11:1, eff. July 1, 1978.
Section 411-A:17 – Equipment Trust Certificates.
411-A:17 Equipment Trust Certificates. – An insurer may invest in equipment trust obligations or certificates which are adequately secured, or in other adequately secured instruments evidencing an interest in transportation equipment wholly or in part within the United States or Canada and a right to receive determined portions of rental, purchase or other fixed […]
Section 411-A:18 – Bank Deposits.
411-A:18 Bank Deposits. – An insurer may have any of its cash funds on deposit in checking or savings accounts, under certificates of deposit, or in any other form in solvent banks or trust companies. Source. 1978, 11:1, eff. July 1, 1978.