---
title: O.C.G.A. § 33-37-26.1. Limitations on ability of receiver to void transfer of certain property in connection with federal home loan bank security agreement; transfer avoidance under certain circumstances.
collection: code
id: 33-37-26.1
cite_as: O.C.G.A. § 33-37-26.1 (2025)
canonical_url: https://georgiacommons.org/code/33-37-26.1
md_url: https://georgiacommons.org/code/33-37-26.1.md
text_url: https://georgiacommons.org/code/33-37-26.1/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch23-65-(v25)-2020-pdf.pdf?sfvrsn=68297_0#page=756
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/33-37.md
previous: https://georgiacommons.org/code/33-37-26.md
next: https://georgiacommons.org/code/33-37-27.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 / INSURERS REHABILITATION AND LIQUIDATION / PROCEDURE FOR REHABILITATION
---

# O.C.G.A. § 33-37-26.1. Limitations on ability of receiver to void transfer of certain property in connection with federal home loan bank security agreement; transfer avoidance under certain circumstances.

The receiver for an insurer shall not void any transfer of, or any obligation to transfer, money or any other property arising under or in connection with any federal home loan bank security agreement; any pledge, security, collateral, or guarantee agreement; or any other similar arrangement or credit enhancement relating to a federal home loan bank security agreement made in the ordinary course of business and in compliance with the applicable federal home loan bank agreement. However, a transfer may be avoided under this Code section if the transfer was made with intent to hinder, delay, or defraud the insurer, the receiver for the insurer, or existing or future creditors. This Code section shall not affect a receiver’s rights regarding advances to an insurer in delinquency proceedings pursuant to 12 C.F.R. Section 1266.4.

## History

Code 1981, § 33-37-26.1, enacted by Ga. L. 2015, p. 377, § 2-3/HB 552; Ga. L. 2019, p. 386, § 137/SB 133.

The 2019 amendment, effective July 1, 2019, substituted ‘‘insurer’’ for ‘‘insurer-member’’ throughout this Code section.