For the purposes of determining the financial condition of a captive insurance company, including, but not limited to, the maintenance of adequate reserves pursuant to Code Section 33-41-13, the reporting of business affairs pursuant to Code Section 33-41-15, and the examinations and investigations pursuant to Code Section 33-41-16, there shall be allowed as assets of a captive insurance company: (1) Those assets described in Code Section 33-10-1; (2) Those assets otherwise authorized by Code Sections 33-41-8 and 33-41-14; (3) Obligations for premium payments, provided that such obligations are secured by letters of credit, as described in Code Section 33-41-9; and (4) Assets that are approved by the Commissioner as admitted assets under rules adopted pursuant to this chapter. 862 33-41-14 History. — Code 1981, § 33-41-12, enacted by Ga. L. 1988, p. 966, § 2; Ga. L. 2016, p. 825, § 1/SB 347. 33-41-13. Reserves.