With the exception of investments made in accordance with paragraphs (1) and (2) of subsection (a) and subsection (b) of Code Section 33-21-8, the investable funds of a health maintenance organization shall be invested only in securities or other investments permitted by the laws of this state for the investment of assets constituting the legal reserves of life insurance companies or such other securities or investments as the Commissioner may permit. The investments shall be subject to the same terms, conditions, and limitations which apply to life insurance companies.
History. Code 1933, § 56-3611, enacted by Ga. L. 1979, p. 1148, § 1.
Structure Georgia Code
Chapter 21 - Health Maintenance Organizations
§ 33-21-5. Suspension or Revocation of Certificate of Authority
§ 33-21-7. Fiduciary Responsibilities of Directors, Officers, or Partners
§ 33-21-8. Powers of Organizations Generally; Filing of Notice of Exercise of Powers
§ 33-21-11. Investment of Funds of Organizations
§ 33-21-12. Participation in Organizations by Members of Associations
§ 33-21-14. Annual Information to Enrollees
§ 33-21-15. Filing of Annual Reports; Contents
§ 33-21-18. Adoption of Rules and Regulations Generally
§ 33-21-18.1. Emergency Services Requirements; Restrictive Formulary Requirements
§ 33-21-19. Promulgation of Rules and Regulations for Licensing of Agents
§ 33-21-20.1. Regulation of Hmos by Commissioner of Community Health
§ 33-21-22. Applications, Filings, and Reports to Be Treated as Public Documents
§ 33-21-23. Confidentiality of Medical Information; Claim of Privileges by Organizations
§ 33-21-24. Rehabilitation, Liquidation, or Conservation of Organizations
§ 33-21-27. Enforcement of Chapter; Penalties for Violations of Chapter