The Commissioner of Insurance and a designated custodian bank may enter into a contract detailing the services to be performed by the custodian bank. The Commissioner of Insurance and the custodian bank will jointly develop procedures and instructions detailing the rights and responsibilities of both parties.
Ga. Comp. R. & Regs. R. 120-2-35-.12
O.C.G.A. Secs. 33-2-9, 33-12-4.