INSURANCE Unlawful sales of securities

O.C.G.A. § 33-14-96, under DOMESTIC STOCK AND MUTUAL INSURERS.

O.C.G.A. § 33-14-96

Sales by dealers in ordinary course of business and incident to establishment or maintenance of primary or secondary market exempted from article. Foreign or domestic arbitrage transactions exempted from article. Transactions in securities registered under Section 12 of Securities Exchange Act of 1934 exempted from article. Promulgation of rules and regulations by Commissioner; effect of rules and regulations upon liability under Code Sections 33-14-91 through 33-14-93. Article 5 Limited Purpose Subsidiary Insurance Companies