Georgia Code Title 33. Insurance § 33-14-103
Current as of April 14, 2021 | Updated by FindLaw Staff
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A limited purpose subsidiary that is granted a certificate of authority by the Commissioner under this article:
(1) Is wholly owned by the organizing domestic reinsurer;
(2) Is authorized to engage in the business of reinsurance only for the lines of insurance for which the organizing domestic reinsurer is authorized;
(3) May reinsure only risks of the organizing domestic reinsurer; and
(4) May access alternative forms of financing.
Cite this article: FindLaw.com - Georgia Code Title 33. Insurance § 33-14-103 - last updated April 14, 2021 | https://codes.findlaw.com/ga/title-33-insurance/ga-code-sect-33-14-103.html
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