O.C.G.A.
O.C.G.A.

O.C.G.A. § 33-17-4 (2019)

Types of insurance in which reciprocal insurers authorized to transact business; reinsurance

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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(a) A reciprocal insurer may, upon qualifying as a reciprocal insurer as provided for by this title, transact any kind or kinds of insurance defined by this title other than life or title insurance.

(b) A reciprocal insurer may purchase reinsurance upon the risk of any subscriber and may grant reinsurance as to any kind of insurance it is authorized to transact directly.

History

Code 1933, § 56-2104, enacted by Ga. L. 1960, p. 289, § 1.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. - 43 Am. Jur. 2d, Insurance, § 73. C.J.S. - 46A C.J.S., Insurance, § 2386 et seq.

ALR. - Who may enforce liability of reinsurer, 103 A.L.R. 1485.