Official Code of Georgia Annotated

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

33-11-7. Securities of open-end management investment company or investment trust.

Active

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

An insurer may invest in the securities of any open-end management type investment company or investment trust registered with the Federal Securities and Exchange Commission under the Investment Company Act of 1940, as from time to time amended, if such investment company or trust has been organized for not less than ten years or has assets of not less than $25 million at the date of investment by the insurer.

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.

Code 1933, § 56-1007, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1999, p. 592, § 6.

U.S. Code.: The Investment Company Act of 1940, referred to in this Code section, is codified as 15 U.S.C. § 80a-1 et seq.

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