O.C.G.A.
O.C.G.A. § 36-85-8 (2019)
Investment of assets
✓ 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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The investable assets of a fund may be invested in securities or other investments permitted by the laws of this state for the investment of assets constituting the legal reserves of property and casualty insurance companies or in such other securities or investments as the Commissioner may permit such insurers to invest their funds under Title 33. Such investments shall be subject to the same terms, conditions, and limitations which apply to property and casualty insurance companies under Title 33.
History
Code 1981, § 36-85-8, enacted by Ga. L. 1986, p. 1496, § 1.
Notes of Decisions
Cited in 1
case, 2011–2011 · leading case: Godfrey v. Georgia Interlocal Risk Mgmt. Agency, 719 S.E.2d 412 (Ga. 2011).
Godfrey v. Georgia Interlocal Risk Mgmt. Agency, 719 S.E.2d 412 (Ga. 2011). “” OCGA § 36-85-8. Considering all these factors likening GIRMA coverage to other types of insurance, it does not make sense to exempt it from certain requirements that all other self-insurance programs have to meet.”
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