O.C.G.A.

O.C.G.A. § 33-11-10 (2019)

Securities which are not evidenced by certificates

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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Notwithstanding any other provisions of this title which might be construed to the contrary, nothing contained in this title shall be deemed to prohibit an insurer from investing its funds in or holding or owning as admitted assets securities which are not evidenced by certificates or instruments and related records issued to the insurer if held in accordance with the rules and regulations prescribed by the Commissioner and such securities are otherwise eligible for investment under this title.

History

Code 1933, § 56-1042, enacted by Ga. L. 1978, p. 1936, § 3; Ga. L. 1993, p. 1721, § 1; Ga. L. 1999, p. 592, § 6.

Annotations

Editor’s notes. - This Code section was originally enacted by the General

Assembly as Code 1933, § 56-1042; however, Ga. L. 1978, p. 1639, had already designated a section as § 56-1042 (see § 33-11-36), hence this section was unofficially redesignated as Code 1933, § 56-1042.1.