<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="5-606" title_number="5" title_name="Assets, Liabilities, Reserves, and Investments of Insurers" subtitle_number="6" subtitle_name="Investments of Insurers Other Than Life Insurers">
  <level label="a">
    <level label="1">
      <text>Except as otherwise specifically provided in this subtitle, an insurer may not have more than 10% of its total admitted assets invested in or lent on the securities of one person.</text>
    </level>
    <level label="2">
      <text>Paragraph (1) of this subsection does not apply to:</text>
      <level label="i">
        <text>the classes of governmental obligations eligible for minimum capital investments of the insurer, including those obligations eligible under § 5-608(l) of this subtitle; or</text>
      </level>
      <level label="ii">
        <text>investments in stock of other insurers.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <text>An insurer may not acquire the kind of real property specified in § 5-608(n)(1)(i) and (ii) of this subtitle if the value of the real property, plus the value of all of the real property then held by the insurer, exceeds 10% of the insurer’s total admitted assets.</text>
  </level>
</section>
