Investment of funds of corporations

Health care corporations shall invest in or lend their funds on security of and shall hold as invested assets only such assets as are authorized by Articles 1 and 3 of Chapter 11 of this title for the investments of assets of domestic insurance companies and such investments shall be subject to the same requirements, conditions, restrictions, and limitations as are applicable to the investments by such insurers. History. — Code 1933, § 56-1714a, enacted by Ga. L. 1976, p. 1461, § 1; Ga. L. 1999, p. 592, § 16. 33-20-23. Maintenance of books and records showing funds collected and disbursed; examination of books and records by Commissioner. Every health care corporation shall keep complete books and records in accordance with the requirements of the Commissioner showing all funds collected and disbursed. All books and records shall be subject to examination by the Commissioner in accordance with Chapter 2 of this title applicable to life insurers and the expenses of the examination borne by said corporation. History. — Code 1933, § 56-1720a, enacted by Ga. L. 1976, p. 1461, § 1. 784 33-20-26 33-20-24. Filing of reports with Commissioner.