Limited Partnerships. Investments may be made in limited partnerships whose assets consist of assets of the type permitted hereunder (as limited partners), provided that any such limited partnership investment shall be treated, for purposes of these investment guidelines, as if the trust investing in such limited partnerships owned that portion of the securities owned by such partnership which is equivalent to its pro rata share in such partnership.
Appears in 7 contracts
Samples: Indemnity Reinsurance Agreement, Indemnity Reinsurance Agreement (CNO Financial Group, Inc.), New York Indemnity Reinsurance Agreement (CNO Financial Group, Inc.)
