An insurer may invest in bonds, debentures, or other securities issued or insured or guaranteed by any agency, authority, unit, or corporate body created by the government of the United States of America whether or not such obligations are guaranteed by the United States.
(Code 1933, § 56-1014, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1999, p. 592, § 6.)