Except as provided in Code Section 33-41-8:

(1) An association captive insurance company shall comply with the investment requirements contained in Chapter 11 of this title; and

(2) No pure captive insurance company or industrial insured captive insurance company shall be subject to any restrictions on eligible investments whatever, including those limitations contained in Chapter 11 of this title; provided, however, that the Commissioner may prohibit or limit any investment that threatens the solvency or liquidity of any such captive insurance company.