Neb. Rev. Stat. §§ 44-5108

Current with changes through the 2024 First Special Legislative Session

Section 44-5108 - Convertible securities

An insurer may invest in securities which are convertible into other securities if:

(1) The convertible securities are authorized under the Insurers Investment Act at the time of acquisition; and

(2) The securities into which such securities are convertible are authorized under the act at the time of conversion.

Neb. Rev. Stat. §§ 44-5108

Laws 1991, LB 237, § 8.