---
title: O.C.G.A. § 33-11-38. Authority of insurers to convey property or securities in which moneys or assets invested or upon which loans made.
collection: code
id: 33-11-38
cite_as: O.C.G.A. § 33-11-38 (2025)
canonical_url: https://georgiacommons.org/code/33-11-38
md_url: https://georgiacommons.org/code/33-11-38.md
text_url: https://georgiacommons.org/code/33-11-38/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=534
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/33-11-37.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. § 33-11-38. 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 laws of this state may sell, assign, transfer, and convey, either with or without warranty, or either with or without recourse upon it, as it may prefer, any real estate, personal property, bond, note, mortgage, deed of trust, deed to secure debt, or other form of property or securities in which it may have invested its money or its assets or on which it may have made loans as allowed by law and may also buy and sell any realty that may be necessary for the protection of any loan such insurance company may lawfully make.

## History

Code 1933, § 56-1024, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1999, p. 592, § 6.