O.C.G.A. § 33-16-2 (2019)
‘‘Domestic farmers’ mutual fire insurance companies’’ defined; risks against which companies may write insurance
(a) ‘‘Domestic farmers’ mutual fire insurance companies’’ are companies organized for the purpose of insuring property against loss or damage by fire, lightning, windstorm, extended coverage, and hail, and for all, or any, of such purposes.
(b) Domestic farmers’ mutual fire insurance companies may write insurance against said hazards on such property risks as their charter and bylaws may provide.
History
Code 1933, § 56-2002, enacted by Ga. L. 1960, p. 289, § 1; Ga. L.
1982, p. 3, § 33; Ga. L. 2012, p. 1040, § 1/SB 203.
Annotations
JUDICIAL DECISIONS Editor’s notes. - In light of the similarity of the statutory provisions, annotations decided under former Civil Code 1910, § 2412 are included in the annotations for this Code section. Cooperative companies and fraternal benefit societies differentiated. - The General Assembly has differentiated
fraternal beneficiary associations from cooperative and assessment companies; the latter are classed as insurance companies, while the former are exempt from the provisions of the insurance laws. Fraternal Life & Accident Ass’n v. Evans, 140 Ga. 284, 78 S.E. 915 (1913) (decided under former Civil Code 1910, § 2412).
RESEARCH REFERENCES ALR. - Risks and losses covered by lightning insurance, 15 A.L.R.2d 1017. Determination of amount payable on loss to growing crop under policy insuring against loss or injury, 20 A.L.R.3d 924.
Livestock or animal insurance: risks and losses, 47 A.L.R.4th 772.