Limitation on amount of separate account investments; exceptions.

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(1) Funds equaling 25 percent of the market value of the total assets in the separate account;

(2) Investments in, or loans upon, the security of the general obligations of a sovereign; or

(3) Investments in certificates of deposits insured by the Federal Deposit Insurance Corporation. [1973 c.435 §10; 1981 c.472 §27; 1999 c.107 §17]


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