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O.C.G.A. § 33-11-19.1 — Authorized investments generally - Obligations issued, assumed, or guaranteed by African Development Bank | Georgia Code

O.C.G.A. § 33-11-19.1 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 33 INSURANCE

Section 11. Investments, 33-11-1 through 33-11-89.

ARTICLE 1 INVESTMENTS OF CERTAIN INSURERS

33-11-19.1. Authorized investments generally - Obligations issued, assumed, or guaranteed by African Development Bank.

An insurer may invest in obligations issued, assumed, or guaranteed by the African 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.

(Code 1981, §33-11-19.1, enacted by Ga. L. 1985, p. 1104, § 1; Ga. L. 1999, p. 592, § 6.)

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This Georgia Code resource is curated by Georgia Bar member Graham W. Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. Attorney Syfert regularly works with Title 33 in the context of Georgia insurance coverage law and represents clients throughout Northeast Florida and South Georgia. For legal consultation, call 904-383-7448.