P.R. Laws tit. 26, § 4311
2019-02-20 00:00:00+00
The investments of the international insurer may include, without limitation, assets, credit or preferential debt instruments, capital stock and other securities, tangible personal property subject to lease, mortgage loans and real property loans, loans on securities, repurchase transactions, reverse repurchase transactions, dollar roll transactions and hedging strategy. The Commissioner may prohibit or limit any investment that threatens the solvency or liquidity of an international insurer.
History —Ins. Code, added as § 61.110 on Sept. 22, 2004, No. 399, § 1, eff. 180 days after Sept. 22, 2004.