§431:6-317  Common stocks.  (a)  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.  In aggregate, an insurer's amount of investment in common stocks, including investments made pursuant to section 431:6-322 and non-dividend paying stocks, 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 is subject to the limitations of section 431:6-104. [L 1987, c 347, pt of §2; am L 2008, c 142, §8]