Syfert Injury Law Firm

Your Trusted Partner in Personal Injury & Workers' Compensation

Call Now: 904-383-7448

2018 Georgia Code 33-23-28 | Car Wreck Lawyer

TITLE 33 INSURANCE

Section 23. Licensing, 33-23-1 through 33-23-205.

ARTICLE 1 AGENTS, AGENCIES, SUBAGENTS, COUNSELORS, AND ADJUSTERS

33-23-28. Scope of subagent's authority; record of transactions.

  1. A subagent's certificate of authority shall not cover any kind of insurance for which the sponsoring agent and subagent are not licensed.
  2. A subagent or limited subagent shall not have power to bind an insurer.
  3. All business transacted by a subagent under such subagent's license or limited subagent shall be in the name of the agent by whom the subagent or limited subagent is employed; and the agent shall be responsible for all the acts or omissions of the subagent or limited subagent within the scope of his or her employment.
  4. A record of each transaction shall be maintained by both the agent and the subagent or limited subagent.

(Code 1981, §33-23-28, enacted by Ga. L. 1992, p. 2830, § 1; Ga. L. 1999, p. 878, § 6; Ga. L. 2001, p. 925, § 1; Ga. L. 2008, p. 1076, § 15/SB 113.)

No results found for Georgia Code 33-23-28.