{"data":{"id":"us-ga/o.c.g.a.-33-11-64","jurisdiction":"us-ga","citation":"O.C.G.A. § 33-11-64","heading":"Conditions under which insurer shall not acquire an investment; special rated credit instruments.","body":"(a) 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:\n(1) For medium and lower grade investments, 20 percent of admitted assets;\n(2) For lower grade investments, 10 percent of admitted assets;\n(3) 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\n(4) 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.\n(b) 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.","path":["TITLE 33 Insurance","CHAPTER 11 Investments","Article 2 Investments of Life, Accident and Sickness, Property, and Casualty Insurers"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.33.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"9dd6b6b48166d0f471106d49d40a2884ac3add4350b17d1e9f16d4178cd6210c","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-33-11-63","next":"us-ga/o.c.g.a.-33-11-65"},"notice":"GroundRules: Original legal text. Not legal advice."}