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2018 Georgia Code 33-40-9 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 33-40-9 Case Law from Google Scholar Amendments to OCGA 33-40-9

TITLE 33 INSURANCE

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

ARTICLE 4 LIQUIDATION PROCEEDINGS

33-40-9. Prohibited acts.

The following acts by a risk retention group are prohibited:

  1. The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and
  2. The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.

(Code 1981, §33-40-9, enacted by Ga. L. 1987, p. 875, § 1.)

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