Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Article 1 - Investments of Certain Insurers
§ 33-11-1. Scope of Article - History. Code 1933, § 56-1001, enacted by Ga. L. 1960,...
§ 33-11-2. Eligible Investments; Investment Limitations - History. Code 1933, § 56-1002, enacted by Ga. L. 1960,...
§ 33-11-3. Acquisition of Securities or Investments by Insurers Generally - History. Code 1933, § 56-1003, enacted by Ga. L. 1960,...
§ 33-11-4. Authorization of Loan or Investment of Insurer - An insurer shall not make any investment or loan other...
§ 33-11-5. Required Investments; Limitations - An insurer shall invest in or hold as admitted assets...
§ 33-11-6. Authorized Investments Generally; Cash or Deposits - An insurer may have as assets cash or deposits in...
§ 33-11-7. Securities of Open-End Management Investment Company or Investment Trust - An insurer may invest in the securities of any open-end...
§ 33-11-8. Foreign Securities - An insurer authorized to transact insurance in a foreign country...
§ 33-11-9. Obligations of Government of United States Generally - An insurer may invest in bonds, notes, warrants, and other...
§ 33-11-10. Securities Which Are Not Evidenced by Certificates - Notwithstanding any other provisions of this title which might be...
§ 33-11-11. Loans Guaranteed by Government of United States - An insurer may invest in loans guaranteed as to principal...
§ 33-11-12. Securities of States of United States, District of Columbia, or Government of Canada - An insurer may invest in bonds, notes, warrants, and other...
§ 33-11-12.1. Investment in Direct Obligations of Foreign Governments - Subject to the restrictions and limitations provided in this title,...
§ 33-11-13. Obligations of Political Subdivisions or Public Authorities of States of United States, District of Columbia, or Government of Canada - An insurer may invest in the obligations of any county,...
§ 33-11-14. Industrial Development Obligations - An insurer may invest in the bonds, notes, certificates of...
§ 33-11-14.1. Securities of Federal Agencies - An insurer may invest in bonds, debentures, or other securities...
§ 33-11-15. Securities of Public Housing Authorities or Agencies - An insurer may invest in the bonds, debentures, or other...
§ 33-11-16. Obligations Issued, Assumed, or Guaranteed by International Bank for Reconstruction and Development or International Finance Corporation - An insurer may invest in obligations issued, assumed, or guaranteed...
§ 33-11-17. Obligations Issued, Assumed, or Guaranteed by Asian Development Bank - An insurer may invest in obligations issued, assumed, or guaranteed...
§ 33-11-18. Obligations Issued, Assumed, or Guaranteed by Inter-American Development Bank - An insurer may invest in obligations issued, assumed, or guaranteed...
§ 33-11-19. Loans Guaranteed by Georgia Higher Education Assistance Corporation - An insurer may make and invest in loans guaranteed as...
§ 33-11-19.1. Obligations Issued, Assumed, or Guaranteed by African Development Bank - An insurer may invest in obligations issued, assumed, or guaranteed...
§ 33-11-19.2. Loans Guaranteed by United Student Aid Funds, Inc - An insurer may make and invest in loans guaranteed as...
§ 33-11-20. Obligations of Corporations Generally - History. Code 1933, § 56-1016, enacted by Ga. L. 1960,...
§ 33-11-21. Corporate Stocks - An insurer may invest in nonassessable dividend-paying stocks, common or...
§ 33-11-22. Equipment Trust Obligations or Certificates - An insurer may invest in equipment trust obligations or certificates...
§ 33-11-23. Loans Secured by Pledge of Securities or by Pledge or Assignment of Life Insurance Policies - An insurer may invest in loans which are secured by...
§ 33-11-25. Obligations Secured by First Mortgage or Deed of Trust Upon Improved or Income-Producing Real Property in United States or Canada - History. Code 1933, § 56-1022, enacted by Ga. L. 1960,...
§ 33-11-25.1. Security Representing Interest in Pool of Loans Secured by Mortgage or Deed of Trust Upon Property in United States or Canada - History. Code 1933, § 56-1022.1, enacted by Ga. L. 1982,...
§ 33-11-26. Chattel Mortgage Loans - History. Code 1933, § 56-1025, enacted by Ga. L. 1960,...
§ 33-11-27. Abstract Plant and Equipment and Stocks of Abstract Companies - History. Code 1933, § 56-1026, enacted by Ga. L. 1960,...
§ 33-11-28. Investments Incidental to Preservation or Enhancement of Earnings of Real Property Securing Evidence of Indebtedness Held by Insurer - History. Code 1933, § 56-1023, enacted by Ga. L. 1960,...
§ 33-11-29. Acquisition or Holding of Real Property Generally - History. Code 1933, § 56-1028, enacted by Ga. L. 1960,...
§ 33-11-30. Investment of Assets in Real Estate Acquired for Purposes of Leasing - History. Code 1933, § 56-1029, enacted by Ga. L. 1960,...
§ 33-11-31. Acquisition and Holding of Real Property for Recreation, Hospitalization, Convalescence, and Retirement of Employees - Subject to prior approval of the Commissioner, an insurer may...
§ 33-11-32. Limitation on Investments Pursuant to Code Sections 33-11-30 or 33-11-31 - No investment in real property shall be made by any...
§ 33-11-33. Prohibited Investments; Underwriting of Offering of Securities or Property by Other Persons - History. Code 1933, § 56-1035, enacted by Ga. L. 1960,...
§ 33-11-37. Investment of Funds in Excess of Reserve and Capital, or Surplus, in Authorized and Approved Investments - After satisfying requirements of this article, any funds of any...
§ 33-11-38. Authority of Insurers to Convey Property or Securities in Which Moneys or Assets Invested or Upon Which Loans Made - Insurance companies organized and doing business by virtue of the...
§ 33-11-39. Time Limit for Disposal by Insurer of Real Estate - History. Code 1933, § 56-1032, enacted by Ga. L. 1960,...
§ 33-11-40. Time Limit for Disposal by Insurer of Personal Property or Securities Deemed Unauthorized Investments - Any personal property or securities lawfully acquired by an insurer...
§ 33-11-41. Effect of Failure of Insurer to Dispose of Real Estate, Personal Property, or Securities - History. Code 1933, § 56-1034, enacted by Ga. L. 1960,...
§ 33-11-42. Investments of Foreign and Alien Insurers; Place of Domicile - History. Code 1933, § 56-1036, enacted by Ga. L. 1960,...
§ 33-11-43. Compliance With Secondary Mortgage Market Enhancement Act - Notwithstanding any provision of the federal Secondary Mortgage Market Enhancement...
Article 2 - Investments of Life, Accident and Sickness, Property, and Casualty Insurers
§ 33-11-50. Legislative Purpose; Application of Article; Separate Accounts - History. Code 1981, § 33-11-50 , enacted by Ga. L....
§ 33-11-51. Definitions - For purposes of this article, the term: History. Code 1981,...
§ 33-11-52. Determining Minimum Financial Security Benchmark - History. Code 1981, § 33-11-52 , enacted by Ga. L....
§ 33-11-53. Factors to Be Considered in Determining Prudence - The following factors shall be evaluated by the insurer and...
§ 33-11-54. Written Plan and Policy; Duty of Board of Directors - History. Code 1981, § 33-11-54 , enacted by Ga. L....
§ 33-11-55. Investments Eligible for Support of Outstanding Liabilities - History. Code 1981, § 33-11-55 , enacted by Ga. L....
§ 33-11-56. Conditions for Engaging in Derivative Transactions - History. Code 1981, § 33-11-56 , enacted by Ga. L....
§ 33-11-57. Requirements Regarding Admitted Assets at Time of Acquisition; Nonadmitted Assets; Relation of Investment Limitation; Qualification of Investments; Documentation; Authority of Commissioner; Insurance Futures - History. Code 1981, § 33-11-57 , enacted by Ga. L....
§ 33-11-58. Percentage of Securities From Single Issuer; Assignment of Excesses; Compliance; Investment in Government Obligations - shall not exceed 10 percent of admitted assets. History. Code...
§ 33-11-59. Obligations in Different Currencies - An insurer doing business that requires it to make payment...
§ 33-11-60. Prohibited Investments and Activities - In addition to investments excluded or prohibited pursuant to other...
§ 33-11-61. Using Investment Assets to Satisfy Minimum Assets Requirements; Qualification of Admitted Assets; Determining Financially Hazardous Insurer - History. Code 1981, § 33-11-61 , enacted by Ga. L....
§ 33-11-62. Retention of Personnel to Assist Commissioner; Confidentiality - History. Code 1981, § 33-11-62 , enacted by Ga. L....
§ 33-11-63. Determination by Commissioner of Noncompliance; Reasonable Additional Restrictions; Consideration of Other Assets by Commissioner - History. Code 1981, § 33-11-63 , enacted by Ga. L....
§ 33-11-64. Conditions Under Which Insurer Shall Not Acquire an Investment; Special Rated Credit Instruments - History. Code 1981, § 33-11-64 , enacted by Ga. L....
§ 33-11-65. Establishment of Separate Accounts by Domestic Life Insurance Companies - The contract shall contain a statement of the essential features...
§ 33-11-66. Cumulative Nature of Code Section; Variable Annuity Contract; Separate Accounts; Conduct of Business; Licensed or Organized to Do Business in State; Commissioner’s Role - History. Code 1981, § 33-11-66 , enacted by Ga. L....
§ 33-11-67. Variable Contract Insurance Policies; Separate Accounts; Power of Company; Statement of Essential Features in Determining Benefits; Certificate of Authority; Commissioner’s Role; Insurance License Required - History. Code 1981, § 33-11-67 , enacted by Ga. L....
Article 3 - Investment Pools
§ 33-11-80. Short Title - This article shall be known and may be cited as...
§ 33-11-81. Applicability - This article shall apply to domestic insurers only. History. Code...
§ 33-11-82. Definitions - As used in this article, the term: History. Code 1981,...
§ 33-11-83. Authorization and Requirements for Insurers Acquiring Investments in Investment Pools - History. Code 1981, § 33-11A-4, enacted by Ga. L. 1997,...
§ 33-11-84. Qualification in Investment Pool - For an investment in an investment pool to be qualified...
§ 33-11-85. Limitations to Insurer’s Investment - The limitations of paragraphs (1) and (2) of Code Section...
§ 33-11-86. Management of Investment Pool - For an investment in an investment pool to be qualified...
§ 33-11-87. Notification to Commissioner; Ownership; Inspection - A pooling agreement under this article may not be entered...
§ 33-11-88. Business Entity Requirement - An investment pool authorized under this article must be a...
§ 33-11-89. Standards Not Applicable; Reporting - Transactions between an investment pool and its participants shall not...