Título 33. INSURANCE · Capítulo 11. INVESTMENTS · Artículo 1. INVESTMENTS OF CERTAIN INSURERS
33-11-41. Effect of failure of insurer to dispose of real estate, personal property, or securities.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
- (a)
Any real estate, personal property, or securities lawfully acquired and held by an insurer after expiration of the period for disposal of such real estate, personal property, or securities or any extension of the period granted by the Commissioner, as provided in Code Section 33-11-39 or 33-11-40, shall not be allowed as an asset of the insurer.#
- (b)
The insurer shall immediately dispose of any ineligible investment unlawfully acquired by it, and the Commissioner may suspend or revoke the insurer’s certificate of authority if the insurer fails to dispose of the investment within a reasonable time as the Commissioner may, by his order, specify.#
History
Code 1933, § 56-1034, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1999, p. 592, § 6.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t33-ch1-22-(v24)-2020-pdf.pdf, Volumen V24, edición 2020, página 536; acción de fusión: carried; SHA-256 del archivo 4ecec175d949.