O.C.G.A.

O.C.G.A. § 33-40-21 (2019)

Rules

✓ 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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Reserved. Repealed by Ga. L. 2019, p. 533, § 1-1/HB 99, effective July 1, 2019.

Annotations

Editor’s notes. - This Code section was based on Code 1981, § 33-40-21, enacted by Ga. L. 1987, p. 875, § 1.

CHAPTER 41 CAPTIVE INSURANCE COMPANIES Article 1 General Provisions Sec.

Short title. Definitions. Permissible business; limitations. Prerequisites to transacting insurance. Incorporation. Name. Directors or managers. Amount of capital or surplus. Letters of credit. Application for and issuance of certificate of authority. Refusal, suspension, or nonrenewal of certificate; expiration, renewal, amendment. Assets. Reserves. Reinsurance. Reports. Examination by Commissioner or agent; confidentiality. Fines. Investments. Rates, underwriting rules, and policy forms. Exclusion from insolvency funds; participation in FAIR plan or joint underwriting association; assessment for payments to Subsequent Injury Trust Fund.

Code Commission notes. - Two 1988 Acts added a new Chapter 41 to this title. Pursuant to Code Section 28-9-5, the chapter enacted by Ga. L. 1988, p. 966 has retained the Chapter 41 designation, but the chapter enacted by Ga. L. 1988, p. 1541 has been redesignated as Chapter 42 and the Code sections have been renumbered accordingly.

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