O.C.G.A.
O.C.G.A. § 33-22-3 (2019)
Requirement of license for transaction of business; fees; change of address; examination of applicants
✓ O.C.G.A.: 2019 edition (Public.Resource.Org Release 73)
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) No person shall engage in the business of financing insurance premiums in this state without first having obtained a license as a premium finance company from the Commissioner.
(b) The annual license fee shall be as provided in Code Section
Annotations
JUDICIAL DECISIONS
Cited in Cochran v. Paco, Inc., 409 F. Supp. 219 (N.D. Ga. 1975).
RESEARCH REFERENCES
Am. Jur. 2d. - 43 Am. Jur. 2d, Insurance, §§ 42, 43.
C.J.S. - 44 C.J.S., Insurance, §§ 67, 71.
ALR. - Failure to procure occupational or business license or permit as affecting validity or enforceability of contract, 30 A.L.R. 834; 42 A.L.R. 1226; 118 A.L.R. 646.
Single or isolated transactions as falling within provisions of commercial or occupational licensing requirements, 93 A.L.R.2d 90.
Notes of Decisions
Cited in 1
case, 1999–1999 · leading case: Paulsen Street Investors v. EBCO Gen. Agencies, 514 S.E.2d 904 (Ga. Ct. App. 1999).
Paulsen Street Investors v. EBCO Gen. Agencies, 514 S.E.2d 904 (Ga. Ct. App. 1999). “In a thorough and well-reasoned order, the trial court discussed at length APF’s failure to obtain the license required by OCGA § 33-22-3 before engaging in the business of financing insurance premiums.”
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