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Código Oficial de Georgia Anotado

Título 33. INSURANCE · Capítulo 14. DOMESTIC STOCK AND MUTUAL INSURERS · Artículo 5. LIMITED PURPOSE SUBSIDIARY INSURANCE COMPANIES

33-14-109. Adoption of rules.

Vigente

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.

  1. (a)

    The Commissioner shall, before approving a limited purpose subsidiary under this article, adopt rules pursuant to Code Section 33-2-9 to implement this article.#

  2. (b)

    The rules adopted under subsection (a) of this Code section shall address, but not be limited to, the following concerning limited purpose subsidiaries:#

    1. (1)

      Requirements for organization of a limited purpose subsidiary;#

    2. (2)

      Requirements for a plan of operation;#

    3. (3)

      Capital, surplus, and risk-based capital requirements;#

    4. (4)

      Requirements for reporting and notifications;#

    5. (5)

      Requirements for reserves, including actuarial certification;#

    6. (6)

      Requirements for authorized investments;#

    7. (7)

      Requirements with respect to reinsurance ceded or assumed by the limited purpose subsidiary;#

    8. (8)

      Requirements and restrictions for material transactions;#

    9. (9)

      Requirements for dividends and distributions;#

    10. (10)

      Requirements for operations; and#

    11. (11)

      Conditions of, forms for, and approval of the financing of a limited purpose subsidiary.#

Las notas siguientes se imprimen con la sección, pero no son ley promulgada (O.C.G.A. § 1-1-1(c)). Se muestran aparte del texto.

History

Code 1981, § 33-14-109, enacted by Ga. L. 2011, p. 446, § 1/HB 341.

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, páginas 708 a 709; acción de fusión: carried; SHA-256 del archivo 4ecec175d949.