---
title: O.C.G.A. § 33-21-11. Investment of funds of organizations.
collection: code
id: 33-21-11
cite_as: O.C.G.A. § 33-21-11 (2025)
canonical_url: https://georgiacommons.org/code/33-21-11
md_url: https://georgiacommons.org/code/33-21-11.md
text_url: https://georgiacommons.org/code/33-21-11/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=887
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/33-21.md
previous: https://georgiacommons.org/code/33-21-10.md
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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 / HEALTH MAINTENANCE ORGANIZATIONS
---

# O.C.G.A. § 33-21-11. Investment of funds of organizations.

With the exception of investments made in accordance with paragraphs (1) and (2) of subsection (a) and subsection (b) of Code Section 33-21-8, the investable funds of a health maintenance organization shall be invested only in securities or other investments permitted by the laws of this state for the investment of assets constituting the legal reserves of life insurance companies or such other securities or investments as the Commissioner may permit. The investments shall be subject to the same terms, conditions, and limitations which apply to life insurance companies.

## History

Code 1933, § 56-3611, enacted by Ga. L. 1979, p. 1148, § 1.