Ga. Comp. R. & Regs. 80-12-11-.04

Current through Rules and Regulations filed through October 29, 2024

Rule 80-12-11-.04 - Source of Strength

A holding company shall serve as a source of strength to its MALPB subsidiary and shall, upon request by the Department, provide a capital maintenance guaranty.

Ga. Comp. R. & Regs. R. 80-12-11-.04

O.C.G.A. §§ 7-9-3, 7-9-13.

Original Rule entitled "Source of Strength" adopted. F. Dec. 3, 2013; eff. Dec. 23, 2013.