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73 chapters · 1,492 sections in this title.
O.C.G.A. § 33-10-16 Valuation of real and personal property reserves
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(a) Real property acquired under a mortgage loan or under a deed to secure debt or pursuant to a contract of sale, in the absence of a recent appraisal deemed by the Commissioner to be reliable, shall not be valued at an amount greater than the unpaid principal of the defaulted l…
O.C.G.A. § 33-10-17 Valuation of mortgage reserves
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Mortgages on real property referred to in subsection (a) of Code Section 33-10-16 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90 percent of the fair value of the real property, whichever is less. History. — Code 1933, § …
O.C.G.A. § 33-10-2 Excluded assets
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In addition to assets impliedly excluded by Code Section 33-10-1, the following expressly shall not be allowed as assets in any determination of the financial condition of an insurer: (1) Trade names and other similar intangible assets; (2) Advances to officers other than policy l…
O.C.G.A. § 33-10-3 Deduction of assets from liabilities and liabilities from assets generally
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Assets may be allowable as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets, in accordance with the form of annual statement applicable to such insurer as directed by the Commissioner or otherwise in his or her discretion. Histor…