An insurer may invest in bonds, notes, warrants, and other evidences of indebtedness which are direct obligations of the government of the United States of America or for which the full faith and credit of the government of the United States of America is pledged for the payment of principal and interest.
(Code 1933, § 56-1009, 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.