Title 33 — Title 33
0 chapters · 1,218 sections in this title.
O.C.G.A. § 33-11-81 Applicability
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This article shall apply to domestic insurers only. History. — Code 1981, § 33-11A-2, enacted by Ga. L. 1997, p. 1042, § 1; Code 1981, § 33-11-81, as redesignated by Ga. L. 1999, p. 592, §§ 13, 15. 33-11-82. Definitions.
O.C.G.A. § 33-11-82 Definitions
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As used in this article, the term: (1) ‘‘Business entity’’ means a corporation, limited liability company, association, partnership, joint-stock company, joint venture, mutual fund trust, or other similar form of business organization, whether organized for profit or not for profit…
O.C.G.A. § 33-11-84 Qualification in investment pool
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For an investment in an investment pool to be qualified under this article, the investment pool shall not: (1) Acquire securities issued, assumed, guaranteed, or insured by the insurer or an affiliate of the insurer; (2) Borrow or incur an indebtedness for borrowed money, except f…
O.C.G.A. § 33-11-85 Limitations to insurer’s investment
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The limitations of paragraphs (1) and (2) of Code Section 33-11-5 shall not apply to an insurer’s investment in an investment pool; provided, however, that an insurer shall not acquire an investment in an investment pool under this article if, as a result of and after giving effe…
O.C.G.A. § 33-11-86 Management of investment pool
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For an investment in an investment pool to be qualified under this article, the manager of the investment pool shall: 562 33-11-87 (1) Be organized under the laws of the United States or a state and designated as the pool manager in a pooling agreement; (2) Be the insurer, an affi…
O.C.G.A. § 33-11-87 Notification to Commissioner; ownership; inspection
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A pooling agreement under this article may not be entered into unless the insurer has notified the Commissioner in writing of the pooling agreement at least 30 days prior to entering into the pooling agreement and the Commissioner has not disapproved it within such period. The 563…
O.C.G.A. § 33-11-88 Business entity requirement
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An investment pool authorized under this article must be a business entity. History. — Code 1981, § 33-11A-9, enacted by Ga. L. 1997, p. 1042, § 1; Code 1981, § 33-11-88, as redesignated by Ga. L. 1999, p. 592, §§ 13, 15. 33-11-89. Standards not applicable; reporting.
O.C.G.A. § 33-11-89 Standards not applicable; reporting
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Transactions between an investment pool and its participants shall not be subject to the provisions of Code Section 33-13-5. Investment activities of an investment pool and transactions between such pools and pool participants shall be reported annually in the registration statem…
O.C.G.A. § 33-11-9 Obligations of government of United States generally
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An insurer may invest in bonds, notes, warrants, and other evidences of indebtedness which are direct obligations of the government of the United States of America or for which the full faith and credit of the government of the United States of America is pledged for the payment …