The purpose of this Regulation is to regulate the insurers which issue variable life insurance policies and the agents or other persons who sell such policies in the State of Georgia and to otherwise implement the insurance laws of the State of Georgia with respect to the solicitation, sale and issuance of variable life insurance policies.
Ga. Comp. R. & Regs. R. 120-2-32-.02
O.C.G.A. Secs. 33-2-9, 33-11-36.