New Hampshire Revised Statutes 411-A:14 – Mutual Funds
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Terms Used In New Hampshire Revised Statutes 411-A:14
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
An insurer may invest in the securities of any open-end or closed-end management type investment company or investment trust registered with the Federal Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. § 80a-1 et seq.) as from time to time amended, if such investment company or trust has assets of not less than $25,000,000 as at date of investment by the insurer.