An insurer may invest in bonds, notes, warrants, and other securities not in default which are the direct obligations of any state of the United States or of the District of Columbia, or of the government of Canada or any province of Canada, or for which the full faith and credit of such state, district, government, or province has been pledged for the payment of principal and interest.
History. Code 1933, § 56-1011, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1999, p. 592, § 6.
Structure Georgia Code
Article 1 - Investments of Certain Insurers
§ 33-11-2. Eligible Investments; Investment Limitations
§ 33-11-3. Acquisition of Securities or Investments by Insurers Generally
§ 33-11-4. Authorization of Loan or Investment of Insurer
§ 33-11-5. Required Investments; Limitations
§ 33-11-6. Authorized Investments Generally; Cash or Deposits
§ 33-11-7. Securities of Open-End Management Investment Company or Investment Trust
§ 33-11-9. Obligations of Government of United States Generally
§ 33-11-10. Securities Which Are Not Evidenced by Certificates
§ 33-11-11. Loans Guaranteed by Government of United States
§ 33-11-12. Securities of States of United States, District of Columbia, or Government of Canada
§ 33-11-12.1. Investment in Direct Obligations of Foreign Governments
§ 33-11-14. Industrial Development Obligations
§ 33-11-14.1. Securities of Federal Agencies
§ 33-11-15. Securities of Public Housing Authorities or Agencies
§ 33-11-17. Obligations Issued, Assumed, or Guaranteed by Asian Development Bank
§ 33-11-18. Obligations Issued, Assumed, or Guaranteed by Inter-American Development Bank
§ 33-11-19. Loans Guaranteed by Georgia Higher Education Assistance Corporation
§ 33-11-19.1. Obligations Issued, Assumed, or Guaranteed by African Development Bank
§ 33-11-19.2. Loans Guaranteed by United Student Aid Funds, Inc
§ 33-11-20. Obligations of Corporations Generally
§ 33-11-22. Equipment Trust Obligations or Certificates
§ 33-11-26. Chattel Mortgage Loans
§ 33-11-27. Abstract Plant and Equipment and Stocks of Abstract Companies
§ 33-11-29. Acquisition or Holding of Real Property Generally
§ 33-11-30. Investment of Assets in Real Estate Acquired for Purposes of Leasing
§ 33-11-32. Limitation on Investments Pursuant to Code Sections 33-11-30 or 33-11-31
§ 33-11-39. Time Limit for Disposal by Insurer of Real Estate
§ 33-11-41. Effect of Failure of Insurer to Dispose of Real Estate, Personal Property, or Securities
§ 33-11-42. Investments of Foreign and Alien Insurers; Place of Domicile
§ 33-11-43. Compliance With Secondary Mortgage Market Enhancement Act