Georgia § 33-11-64 - Conditions under which insurer shall not acquire an investment; special rated credit instruments.
Full text of Georgia Official Code of Georgia Annotated § 33-11-64 — Conditions under which insurer shall not acquire an investment; special rated credit instruments., with citation guidance and answers to common questions.
§ 33-11-64. Conditions under which insurer shall not acquire an investment; special rated credit instruments.
An insurer shall not acquire an investment under this article if, as a result of and after giving effect to the investment, the aggregate amount of all investments then held by the insurer under this article would exceed: For medium and lower grade investments, 20 percent of admitted assets; For lower grade investments, 10 percent of admitted assets; For investments rated 5 or 6 by the Securities Valuation Office or any successor office pursuant to the valuation procedures of Code Section 33-10-14, 5 percent of admitted assets; or For investments rated 6 by the Securities Valuation Office or any successor office pursuant to the valuation procedures of Code Section 33-10-14, 1 percent of admitted assets. The aggregate amount of special rated credit instruments held by an insurer pursuant to the valuation procedures of Code Section 33-10-14 shall not exceed 10 percent of admitted assets. (Code 1981, § 33-11-64 , enacted by Ga. L. 1999, p. 592, § 12.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 33-11-64
What does Official Code of Georgia Annotated § 33-11-64 cover?
Section 33-11-64 ("Conditions under which insurer shall not acquire an investment; special rated credit instruments.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 33-11-64?
A common citation format is "Official Code of Georgia Annotated § 33-11-64" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 33-11-64 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.