Ga. Comp. R. & Regs. 120-2-35-.10
Current through Rules and Regulations filed through December 24, 2024
Deposits of securities of a licensed company which is merged into another company will be transferred to the account of the surviving company by the amount of the deposit of the merged company. The custodian bank shall combine deposits in this manner only when instructed to do so in writing by the Commissioner of Insurance.
Ga. Comp. R. & Regs. R. 120-2-35-.10
O.C.G.A. Secs. 33-2-9, 33-12-4, 33-12-8.