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

O.C.G.A. § 33-23-28 (2019)

Scope of subagent’s authority; record of transactions

✓ 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) A subagent’s certificate of authority shall not cover any kind of insurance for which the sponsoring agent and subagent are not licensed.

(b) A subagent or limited subagent shall not have power to bind an insurer.

(c) 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.

(d) A record of each transaction shall be maintained jointly by the agent and the subagent or limited subagent.

History

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; Ga. L. 2019, p. 386, § 11/SB 133.

The 2019 amendment, effective July 1, 2019, substituted ‘‘maintained jointly by the agent’’ for ‘‘maintained by both the agent’’ in subsection (d).

Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: Grammer v. Ferlin (S.D. Ga. 2020).
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Grammer v. Ferlin (S.D. Ga. 2020). · cites it 6× “Because these 4 Defendants also argue that O.C.G.A. § 33-23-28 and regulation 120-2-3-.”
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