---
title: O.C.G.A. § 33-11-17. Obligations issued, assumed, or guaranteed by Asian Development Bank.
collection: code
id: 33-11-17
cite_as: O.C.G.A. § 33-11-17 (2025)
canonical_url: https://georgiacommons.org/code/33-11-17
md_url: https://georgiacommons.org/code/33-11-17.md
text_url: https://georgiacommons.org/code/33-11-17/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch1-22-(v24)-2020-pdf.pdf?sfvrsn=a873240d_0#page=518
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/33-11.md
previous: https://georgiacommons.org/code/33-11-16.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: INSURANCE / INVESTMENTS / INVESTMENTS OF CERTAIN INSURERS
---

# O.C.G.A. § 33-11-17. Obligations issued, assumed, or guaranteed by Asian Development Bank.

An insurer may invest in obligations issued, assumed, or guaranteed by the Asian Development Bank, in which bank the United States is a subscribing participant by virtue of an act of Congress approved March 16, 1966, entitled Asian Development Bank Act. The investments authorized by this Code section shall not be counted as an investment of reserves of paragraph (4) of Code Section 33-11-5 at any time in an amount greater than 5 percent of the insurer’s admitted assets.

## History

Code 1933, § 56-1041, enacted by Ga. L. 1972, p. 295, § 1; Ga. L. 1999, p. 592, § 6.

## U.s. Code.

The Asian Development Bank Act, referred to in this Code section, is codified as 22 U.S.C. § 285 et seq.