In addition to investments excluded or prohibited pursuant to other provisions of this article, an insurer shall not, directly or indirectly:
History. Code 1981, § 33-11-60 , enacted by Ga. L. 1999, p. 592, § 12.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1999, a comma was inserted following “employees” in subparagraph (2)(B).
Structure Georgia Code
Article 2 - Investments of Life, Accident and Sickness, Property, and Casualty Insurers
§ 33-11-50. Legislative Purpose; Application of Article; Separate Accounts
§ 33-11-52. Determining Minimum Financial Security Benchmark
§ 33-11-53. Factors to Be Considered in Determining Prudence
§ 33-11-54. Written Plan and Policy; Duty of Board of Directors
§ 33-11-55. Investments Eligible for Support of Outstanding Liabilities
§ 33-11-56. Conditions for Engaging in Derivative Transactions
§ 33-11-59. Obligations in Different Currencies
§ 33-11-60. Prohibited Investments and Activities
§ 33-11-62. Retention of Personnel to Assist Commissioner; Confidentiality
§ 33-11-65. Establishment of Separate Accounts by Domestic Life Insurance Companies