---
title: O.C.G.A. § 33-12-6. Deposit of securities in amounts exceeding required or permitted deposit.
collection: code
id: 33-12-6
cite_as: O.C.G.A. § 33-12-6 (2025)
canonical_url: https://georgiacommons.org/code/33-12-6
md_url: https://georgiacommons.org/code/33-12-6.md
text_url: https://georgiacommons.org/code/33-12-6/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=587
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/33-12.md
previous: https://georgiacommons.org/code/33-12-5.md
next: https://georgiacommons.org/code/33-12-7.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 / ADMINISTRATION OF DEPOSITS
---

# O.C.G.A. § 33-12-6. Deposit of securities in amounts exceeding required or permitted deposit.

An insurer may deposit eligible securities in an amount exceeding its deposit required or otherwise permitted under this title by not more than $100,000.00 for the purpose of absorbing fluctuations in the value of securities held in its deposit and to facilitate the exchange and substitution of securities deposited. During the solvency of the insurer any excess deposit or part thereof shall be released to the insurer upon its request, subject to Code Section 33-12-9. During the insolvency of the insurer the excess deposit shall be released only as provided in Code Section 33-12-8.

## History

Ga. L. 1899, p. 54, § 1; Civil Code 1910, § 2560; Code 1933, § 56-1110; Code 1933, § 56-1106, enacted by Ga. L. 1960, p. 289, § 1.