A sponsor shall invest the funds of a prepaid legal services plan only in such investments as are authorized by the laws of this state for the investment of assets of insurance companies and subject to the limitations placed on the investments.
(Code 1933, § 56-3520, enacted by Ga. L. 1975, p. 1268, § 1; Ga. L. 1983, p. 748, § 6; Ga. L. 2019, p. 386, § 123/SB 133.)
The 2019 amendment, effective July 1, 2019, deleted "or in such investments as are authorized by the laws of this state for the investment of assets of corporations authorized to transact business in this state pursuant to Chapter 18 or 19 of this title as the case may be" following "investments" at the end of this Code section.