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2018 Georgia Code 33-40-1 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 33-40-1 Case Law from Google Scholar Amendments to OCGA 33-40-1

TITLE 33 INSURANCE

Section 40. Risk Retention Groups, 33-40-1 through 33-40-21.

ARTICLE 4 LIQUIDATION PROCEEDINGS

33-40-1. Purpose.

The purpose of this chapter is to regulate the formation and operation of risk retention groups in this state formed pursuant to the provisions of the federal Liability Risk Retention Act of 1986 (RRA 1986).

(Code 1981, §33-40-1, enacted by Ga. L. 1987, p. 875, § 1.)

Cases Citing O.C.G.A. § 33-40-1

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Reis v. OOIDA Risk Retention Grp., Inc., 814 S.E.2d 338 (Ga. 2018).

Cited 8 times | Published | Supreme Court of Georgia | May 7, 2018

...to maintain a direct action against the tortfeasor's insurer for the satisfaction of that judgment. Id. at 101. Like Georgia, New York's insurance law regarding risk retention groups largely mirrored the structure of the LRRA. Id. at 104 ; see OCGA § 33-40-1 et seq....
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Reis v. Ooida Risk Retentiongroup, Inc., 303 Ga. 659 (Ga. 2018).

Cited 5 times | Published | Supreme Court of Georgia | May 7, 2018

...intain a direct action against the tortfeasor’s insurer for the satisfaction of that judgment. Id. at 101. Like Georgia, New York’s insurance law regarding risk retention groups largely mirrored the structure of the LRRA. Id. at 104; see OCGA § 33-40-1 et seq. The Wadsworth court found that such a direct action statute, which is in derogation of the common law, vested a substantive right in an injured party against a tortfeasor’s insurer....