Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 15. FRATERNAL BENEFIT SOCIETIES · Article 5. ASSETS AND INVESTMENTS

33-15-80. Investments of funds.

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

A society shall invest its funds only in such investments as are authorized by the laws of this state for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this state which invests its funds in accordance with the laws of the state, district, territory, country, or province in which it is incorporated shall be held to meet the requirements of this Code section for the investment of funds.

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 1981, § 33-15-80, enacted by Ga. L. 1993, p. 1744, § 1.

Authorized investments for insurers generally, § 33-11-6 et seq. Investment requirements for foreign and alien societies, § 33-15-104.

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