Covered Policies:
(excerpted from Section 2.01
of the Reinsurance Agreement)
This Agreement shall coverall
insurance policies in effect
as of the Effective Date and
issued or reinsured by the Company
prior to the Effective Date
that provide insurance against
financial loss by reason of
nonpayment of obligations arising
under Issues sold or created
by Issuers and characterized
by the Company as United States
public finance business, other
than policies reinsured by the
Company under the FGIC Reinsurance
Agreement (collectively, the
“Covered Policies”).
