---
title: O.C.G.A. § 33-14-107. Assets.
collection: code
id: 33-14-107
cite_as: O.C.G.A. § 33-14-107 (2025)
canonical_url: https://georgiacommons.org/code/33-14-107
md_url: https://georgiacommons.org/code/33-14-107.md
text_url: https://georgiacommons.org/code/33-14-107/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=708
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/33-14.md
previous: https://georgiacommons.org/code/33-14-106.md
next: https://georgiacommons.org/code/33-14-108.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 / DOMESTIC STOCK AND MUTUAL INSURERS / LIMITED PURPOSE SUBSIDIARY INSURANCE COMPANIES
---

# O.C.G.A. § 33-14-107. Assets.

(a) Assets of a limited purpose subsidiary that are approved by the Commissioner as admitted assets must comply with requirements established by the Commissioner under rules adopted pursuant to this article.

(b) All other assets shall not be admitted assets.

## History

Code 1981, § 33-14-107, enacted by Ga. L. 2011, p. 446, § 1/HB 341; Ga. L. 2019, p. 337, § 1-72/SB 132.

The 2019 amendment, effective July 1, 2019, substituted ‘‘not be admitted assets’’ for ‘‘be nonadmitted’’ in subsection (b).