One Click Case Law for § 33-41-12
O.C.G.A. § 33-41-11 <-- --> O.C.G.A. §33-41-13

2010 Georgia Code

TITLE 33 - INSURANCE

CHAPTER 41 - CAPTIVE INSURANCE COMPANIES
§ 33-41-12 - Assets

O.C.G.A. 33-41-12 (2010)
33-41-12. Assets


For the purposes of determining the financial condition of a captive insurance company, including, but not limited to, the maintenance of adequate reserves pursuant to Code Section 33-41-13, the reporting of business affairs pursuant to Code Section 33-41-15, and the examinations and investigations pursuant to Code Section 33-41-16, there shall be allowed as assets of a captive insurance company:

(1) Those assets described in Code Section 33-10-1;

(2) Those assets otherwise authorized by Code Sections 33-41-8 and 33-41-14; and

(3) Obligations for premium payments, provided such obligations are secured by letters of credit, as described in Code Section 33-41-9.