---
title: O.C.G.A. § 33-11-37. Investment of funds in excess of reserve and capital, or surplus, in authorized and approved investments.
collection: code
id: 33-11-37
cite_as: O.C.G.A. § 33-11-37 (2025)
canonical_url: https://georgiacommons.org/code/33-11-37
md_url: https://georgiacommons.org/code/33-11-37.md
text_url: https://georgiacommons.org/code/33-11-37/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=533
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/33-11-36.md
next: https://georgiacommons.org/code/33-11-38.md
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. § 33-11-37. 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 domestic insurer in excess of its reserve and capital, if a stock insurer, or surplus, if a mutual or reciprocal insurer, required to be maintained may be invested without limitation in any investments otherwise authorized by this title, and, in addition, in the other investments, notwithstanding any prohibition contained in Code Section 33-11-29, as may be approved by the Commissioner; provided, however, that approval of the Commissioner is not required except to the extent the investments constitute more than 5 percent of the total assets of an insurer.

## History

Code 1933, § 56-1027, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1969, p. 23, § 1; Ga. L. 1999, p. 592, §§ 5, 6.