An organizing domestic reinsurer may invest funds from the surplus of the organizing domestic reinsurer in a limited purpose subsidiary that is organized by the organizing domestic reinsurer pursuant to this article.
History. Code 1981, § 33-14-104 , enacted by Ga. L. 2011, p. 446, § 1/HB 341.
Structure Georgia Code
Chapter 14 - Domestic Stock and Mutual Insurers
Article 5 - Limited Purpose Subsidiary Insurance Companies
§ 33-14-101. Authorization to Organize Domestic Limited Purpose Subsidiary
§ 33-14-103. Powers of Limited Purpose Subsidiary
§ 33-14-104. Investment of Funds
§ 33-14-105. Officers and Directors
§ 33-14-108. Applicability of Certain Provisions of This Title