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Official Code of Georgia Annotated

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

33-11-43. Compliance with Secondary Mortgage Market Enhancement Act.

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

  1. Notwithstanding any provision of the federal Secondary Mortgage Market Enhancement Act of 1984, 15 U.S.C. Section 77r-1, to the contrary, any insurer subject to the provisions of this title shall comply with all provisions, restrictions, and limitations concerning investments provided in this article.

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 1981, § 33-11-43, enacted by Ga. L. 1991, p. 1424, § 4; Ga. L. 1999, p. 592, §§ 5, 6.

Editor's notes

Ga. L. 1991, p. 1424, § 9, not codified by the General Assembly, contained inconsistencies in references to the sections of the bill due to differences in the section numbers contained in the Senate version of the bill and the final version of the bill. Subsection (c) of Section 9 refers to Code Sections 33-13-3.1 and 33-13-5 in the Senate version of Ga. L. 1991, p. 1424. Ga. L. 1991, p. 1424, § 9(c), not codified by the General Assembly, provides that this Code section is applicable to transactions between affiliates or subsidiaries taking place on or after July 1, 1991.

Code Commission notes

Pursuant to Code Section 28-9-5, in 2000, ‘‘of 1984’’ was inserted following ‘‘Enhancement Act’’.

Law reviews

For note on 1991 enactment of this Code section, see 8 Ga. St. U.L. Rev. 89 (1992).

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 537; merge action: carried; file SHA-256 4ecec175d949.