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 120-2-35 - BOOK-ENTRY SECURITIES
Rule 120-2-35-.03 - Replacement Upon Reduction of Market Value Securities

Current through Rules and Regulations filed through March 20, 2024

When any company licensed in Georgia is required to have a deposit of securities in this state in accordance with O.C.G.A. §§ 33-12-7 or pursuant to any rule or regulation of the Office of Commissioner of Insurance, the amount of such deposit required shall be at the market value thereof and shall be increased from time to time as necessary to maintain the required amount of deposit.

O.C.G.A. Sections 33-2-9, 33-3-8, 33-3-9, 33-3-10, 33-11-10, 33-12-4, 33-12-6, 33-12-7, 33-14-13.

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