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2018 Georgia Code 33-11-9 | Car Wreck Lawyer

TITLE 33 INSURANCE

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

ARTICLE 1 INVESTMENTS OF CERTAIN INSURERS

33-11-9. Authorized investments generally - Obligations of government of United States generally.

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 of principal and interest.

(Code 1933, § 56-1009, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1999, p. 592, § 6.)

OPINIONS OF THE ATTORNEY GENERAL

Federal National Mortgage Association participation certificates are authorized securities and may be accepted for deposit under former Code 1933, § 56-310 (see now O.C.G.A. § 33-3-9). 1969 Op. Att'y Gen. No. 69-346.

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