O.C.G.A. § 33-37-56 (2019)
Stay of proceedings during pendency of liquidation proceeding
During the pendency in this or any other state of a liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment, or levy of execution shall be commenced or maintained in this state against the delinquent insurer or its assets.
History
Code 1981, § 33-37-56, enacted by Ga. L. 1991, p. 1424, § 7.
Annotations
JUDICIAL DECISIONS Constitutionality. - O.C.G.A. § 33-37-56 does not impermissibly conflict with the constitutional jurisdiction of the superior courts; the statute is an authorized exception to the superior courts’ grant of general jurisdiction. Smith v. Farm & Home Life Ins. Co., 269 Ga. 709, 506 S.E.2d 104 (1998). O.C.G.A. § 33-37-56 does not unconstitutionally attempt to exclude property lo-
cated in the state from ad valorem taxation without specific authorization; the statute does not state that the property of an insolvent, non-domiciliary insurer is exempt from taxation and, instead, merely grants such insurers a stay in proceedings against the insurers to collect amounts owed. Smith v. Farm & Home Life Ins. Co., 269 Ga. 709, 506 S.E.2d 104 (1998).