120-2-23-.08

Ga. Comp. R. & Regs. r. 120-2-23-.08

Subsidiaries of Domestic Insurers

Effective Aug 3, 1992Published Jul 14, 1992O.C.G.A. Secs. 33-2-9, 33-13-8.OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER

Rule 120-2-23-.08. Subsidiaries of Domestic Insurers

The authority to invest in subsidiaries under subsection (b) of O.C.G.A. Section 33-13-2 is in addition to any authority to invest in subsidiaries which may be contained in any other provision of the Georgia Insurance Code.

Authority: O.C.G.A. Secs. 33-2-9, 33-13-8.

History. Original Rule entitled "Subsidiaries of Domestic Insurers" adopted. F. Jul. 14, 1992; eff. Aug. 3, 1992.