Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-109 - TERM AND UNIVERSAL LIFE INSURANCE RESERVE FINANCING REGULATION
Rule 120-2-109-.03 - Applicability

Current through Rules and Regulations filed through September 23, 2024

This regulation shall apply to reinsurance treaties that cede liabilities pertaining to Covered Policies, as that term is defined in 120-2-109-.05(2), issued by any life insurance company domiciled in this state. This regulation and 120-2-78 shall both apply to such reinsurance treaties; provided, that in the event of a direct conflict between the provisions of this regulation and 120-2-78, the provisions of this regulation shall apply, but only to the extent of the conflict.

O.C.G.A. §§ 33-2-9, 33-7-14.

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