An insurer may invest in loans guaranteed as to principal and interest by the government of the United States of America, or by any agency or instrumentality of the government of the United States of America, to the extent of such guaranty.
(Code 1933, § 56-1010, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1999, p. 592, § 6.)
OPINIONS OF THE ATTORNEY GENERAL
Federal National Mortgage Association participation certificates are authorized securities and may be accepted for deposit under former Code 1933, § 56-310 (see O.C.G.A. § 33-3-9). 1969 Op. Att'y Gen. No. 69-346.