Georgia § 33-11-84 Qualification in investment pool

Georgia Statutes

§ 33-11-84 — Qualification in investment pool

Georgia § 33-11-84

Title33

This text of Georgia § 33-11-84 (Qualification in investment pool) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 33-11-84 (2026).

Text

For an investment in an investment pool to be qualified under this article, the investment pool shall not:

(1)Acquire securities issued, assumed, guaranteed, or insured by the insurer or an affiliate of the insurer;

(2)Borrow or incur an indebtedness for borrowed money, except for securities lending and reverse repurchase transactions that meet the requirements of this article; or (3) Permit the aggregate value of securities then loaned or sold to, purchased from, or invested in any one business entity under this article to exceed 10 percent of the total assets of the investment pool.

Free access — add to your briefcase to read the full text and ask questions with AI

For an investment in an investment pool to be qualified under this article, the investment pool shall not: (1) Acquire securities issued, assumed, guaranteed, or insured by the insurer or an affiliate of the insurer; (2) Borrow or incur an indebtedness for borrowed money, except for securities lending and reverse repurchase transactions that meet the requirements of this article; or (3) Permit the aggregate value of securities then loaned or sold to, purchased from, or invested in any one business entity under this article to exceed 10 percent of the total assets of the investment pool.