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-.04 - Interest Received on Deposits
Universal Citation: GA Rules and Regs r 120-2-35-.04
Current through Rules and Regulations filed through March 20, 2024
Interest checks from issuing agents or institutions on bonds, notes, debentures or other securities on deposit shall be forwarded to the custodian bank. The interest shall be transmitted to the insurance company in a manner as previously agreed to by the Office of Commissioner of Insurance and the custodian bank.
O.C.G.A. Sections 33-2-9, 33-11-10, 33-12-4, 33-12-5, 33-14-13.
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