(a) 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.(b) All other assets shall not be admitted assets.Amended by 2019 Ga. Laws 139,§ 1-72, eff. 7/1/2019.Added by 2011 Ga. Laws 111,§ 1, eff. 7/1/2011.
Georgia Legal Code