Obligations issued, assumed, or Inter-American Development Bank

O.C.G.A. § 33-11-18, under INVESTMENTS OF CERTAIN INSURERS.

O.C.G.A. § 33-11-18

guaranteed by An insurer may invest in obligations issued, assumed, or guaranteed by the Inter-American Development Bank. The investments authorized by this Code section shall not be counted as an investment of reserves of paragraph (4) of Code Section 33-11-5 at any one time in an amount greater than 5 percent of the insurer’s admitted assets. History. — Code 1933, § 56-1018, enacted by Ga. L. 1962, p. 664, § 1; Ga. L. 1999, p. 592, § 6.