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2018 Georgia Code 33-22-2 | Car Wreck Lawyer

TITLE 33 INSURANCE

Section 22. Insurance Premium Finance Companies, 33-22-1 through 33-22-16.

ARTICLE 4 JOINT COMMITTEE TO STUDY PRESCRIPTION COSTS IN STATE FUNDED HEALTH CARE PLANS

33-22-2. Definitions.

As used in this chapter, the term:

  1. "Insurance premium finance agreement" means an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent or insurance broker in payment of premiums on an insurance contract together with a service charge as authorized and limited by this chapter.
  2. "Insurance premium finance company" means a person engaged in the business of entering into insurance premium finance agreements.
  3. "Licensee" means an insurance premium finance company holding a license issued by the Commissioner under this chapter.

(Ga. L. 1969, p. 561, § 3.)

JUDICIAL DECISIONS

Cited in United Budget Co. v. Georgia Insurers Insolvency Pool, 253 Ga. 435, 321 S.E.2d 333 (1984).

Cases Citing O.C.G.A. § 33-22-2

Total Results: 3  |  Sort by: Relevance  |  Newest First

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Moore v. Scottsdale Ins., 264 Ga. 808 (Ga. 1994).

Cited 10 times | Published | Supreme Court of Georgia | Nov 7, 1994 | 450 S.E.2d 198

...Drew, Eckl & Farnham, John P. Reale, Robert L. Welch, for appellee. CARLEY, Justice. Appellant-plaintiff purchased a property insurance policy from appellee-defendant. The purchase was financed by Siuprem, Inc., an insurance premium finance company. See OCGA § 33-22-2 (2)....
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United Budget Co. v. Georgia Insurers Insolvency Pool, 321 S.E.2d 333 (Ga. 1984).

Cited 4 times | Published | Supreme Court of Georgia | Oct 17, 1984 | 253 Ga. 435

...ny. We agree and reverse. Appellant is a premium finance company. An insurance premium finance company is defined under the Insurance Premium Finance Company Act as "a person engaged in the business of entering into premium finance agreements." OCGA § 33-22-2 (2)....
...An insurance premium finance agreement is "an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer . . . in payment of premiums on an insurance contract together with a service charge. . . ." OCGA § 33-22-2 (1)....

Zaldivar v. Prickett (Ga. 2015).

Published | Supreme Court of Georgia | Jul 6, 2015 | 253 Ga. 435