An insurer shall not invest the funds of a separate account so as to own or control, under the insurer’s general and separate accounts in the aggregate, more than 10 percent of the voting power outstanding of any issuer of securities. Securities held in separate accounts, the voting rights in which are exercisable only in accordance with instructions from persons having interests in such accounts, shall not be considered in applying this section. [1973 c.435 §11]
Section: Previous 733.620 733.630 733.635 733.640 733.650 733.652 733.654 733.656 733.658 733.660 733.670 733.680 733.685 733.690 733.695 NextLast modified: August 7, 2008