- Assets of a limited purpose subsidiary that are approved by the Commissioner as admitted assets must comply with requirements established by the Commissioner under rules adopted pursuant to this article.
- All other assets shall not be admitted assets.
History. Code 1981, § 33-14-107 , enacted by Ga. L. 2011, p. 446, § 1/HB 341; Ga. L. 2019, p. 337, § 1-72/SB 132.
The 2019 amendment, effective July 1, 2019, substituted “not be admitted assets” for “be nonadmitted” in subsection (b).