A society shall invest its funds only in such investments as are authorized by the laws of this state for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this state which invests its funds in accordance with the laws of the state, district, territory, country, or province in which it is incorporated shall be held to meet the requirements of this Code section for the investment of funds.
History. Code 1981, § 33-15-80 , enacted by Ga. L. 1993, p. 1744, § 1.
Cross references.
Authorized investments for insurers generally, § 33-11-6 et seq.
Investment requirements for foreign and alien societies, § 33-15-104 .
Structure Georgia Code