38. As an example of a possible investment restriction, an insurer may only be allowed to invest up to 20 percent of its assets in common stock. What penalty is imposed upon the insurer that invests 30 percent of available assets in common stock?

A. The additional 10 percent would be a nonadmitted asset.

B. The additional 10 percent must be disposed of by year end.

C. The additional 10 percent would only be listed at cost.

D. The state regulators would impose a 10 percent fine on the insurer.