2010 Georgia Code 33-11-37 Case Law
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One Click Case Law for § 33-11-37
O.C.G.A. § 33-11-36 <-- --> O.C.G.A. §33-11-38



2010 Georgia Code

TITLE 33 - INSURANCE

CHAPTER 11 - INVESTMENTS
ARTICLE 1 - INVESTMENTS OF CERTAIN INSURERS
§ 33-11-37 - Investment of funds in excess of reserve and capital, or surplus, in authorized and approved investments

O.C.G.A. 33-11-37 (2010)
33-11-37. Investment of funds in excess of reserve and capital, or surplus, in authorized and approved investments


After satisfying requirements of this article, any funds of any domestic insurer in excess of its reserve and capital, if a stock insurer, or surplus, if a mutual or reciprocal insurer, required to be maintained may be invested without limitation in any investments otherwise authorized by this title, and, in addition, in the other investments, notwithstanding any prohibition contained in Code Section 33-11-29, as may be approved by the Commissioner; provided, however, that approval of the Commissioner is not required except to the extent the investments constitute more than 5 percent of the total assets of an insurer.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com