RSA 411-A:35 Prohibited Investment and Investments Underwriting.

I. In addition to investments excluded pursuant to other provisions of this chapter, an insurer shall not invest in or lend its funds upon the security of:
(a) Issued shares of its own capital stock, except:
(1) For the purpose of mutualization; or
(2) For retirement; or
(3) Pursuant to a written plan for such investment or loan which plan shall be subject to the approval of the commissioner.
(b) Securities issued by any corporation or enterprise the controlling interest of which is, or will after such acquisition by the insurer be, held directly or indirectly by the insurer or any combination of the insurer and the insurer's directors, officers, subsidiaries, or controlling stockholders, and the spouses and children of any of the foregoing individuals.