Exemption of Arbitrage Transactions

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Sec. 5. The provisions of sections 1, 2, and 3 of this chapter shall not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules as the insurance commissioner may adopt in order to carry out the purposes of this chapter.

Formerly: Acts 1965, c.5, s.5. As amended by P.L.252-1985, SEC.133.


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