Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 11. INVESTMENTS · Article 1. INVESTMENTS OF CERTAIN INSURERS

33-11-10. Securities which are not evidenced by certificates.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Notwithstanding any other provisions of this title which might be construed to the contrary, nothing contained in this title shall be deemed to prohibit an insurer from investing its funds in or holding or owning as admitted assets securities which are not evidenced by certificates or instruments and related records issued to the insurer if held in accordance with the rules and regulations prescribed by the Commissioner and such securities are otherwise eligible for investment under this title.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1933, § 56-1042, enacted by Ga. L. 1978, p. 1936, § 3; Ga. L. 1993, p. 1721, § 1; Ga. L. 1999, p. 592, § 6.

Editor's notes

This Code section was originally enacted by the General Assembly as Code 1933, § 56-1042; however, Ga. L. 1978, p. 1639, had already designated a section as § 56-1042 (see § 33-11-36), hence this section was unofficially redesignated as Code 1933, § 56-1042.1.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch1-22-(v24)-2020-pdf.pdf, Volume V24, 2020 edition, page 514; merge action: carried; file SHA-256 4ecec175d949.