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2018 Georgia Code 33-10-3 | Car Wreck Lawyer

TITLE 33 INSURANCE

Section 10. Assets and Liabilities, 33-10-1 through 33-10-17.

ARTICLE 2 UNFAIR CLAIMS SETTLEMENT PRACTICES

33-10-3. Deduction of assets from liabilities and liabilities from assets generally.

Assets may be allowable as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets, in accordance with the form of annual statement applicable to such insurer as prescribed by the Commissioner or otherwise in his discretion.

(Code 1933, § 56-902, enacted by Ga. L. 1960, p. 289, § 1.)

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