TITLE 33 INSURANCE

Section 13. Insurance Holding Company Systems, 33-13-1 through 33-13-41.

ARTICLE 1 GENERAL PROVISIONS

33-13-13. Revocation, suspension, or nonrenewal of license or authority to do business.

Whenever it appears to the Commissioner that any person has committed a violation of this article which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the Commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke, or refuse to renew the insurer's license or authority to do business in this state for any period as he or she finds is required for the protection of policyholders or the public. Any determination shall be accompanied by specific findings of fact and conclusions of law.

(Code 1933, § 56-3412, enacted by Ga. L. 1970, p. 257, § 1; Code 1981, §33-13-12; Code 1981, §33-13-13, as redesignated by Ga. L. 2013, p. 802, § 1/HB 312; Ga. L. 2015, p. 608, § 3/SB 108.)

The 2013 amendment, effective July 1, 2013, redesignated former Code Section 33-13-12 as present Code Section 33-13-13 and inserted "or she" in the first sentence.

The 2015 amendment, effective July 1, 2015, substituted "this article" for "this chapter" near the beginning of this Code section.