TITLE 33 INSURANCE

Section 45. Continuing Care Providers and Facilities, 33-45-1 through 33-45-14.

ARTICLE 4 LIQUIDATION PROCEEDINGS

33-45-4. Administration by Insurance Department.

The administration of this chapter is vested in the department, which shall:

1. Prepare and furnish all forms necessary under the provisions of this chapter;
2. Collect in advance, and the applicant shall pay in advance at the time of filing, a fee for an application for a certificate of authority or a renewal of a certificate of authority, both as provided in Code Section 33-8-1, and a late fee to be determined by the department. The department may also levy a fine not to exceed $50.00 a day for each day of noncompliance; and
3. Adopt rules, within the standards of this chapter, necessary to effect the purposes of this chapter. Specific provisions in this chapter relating to any subject shall not preclude the department from adopting rules concerning such subject if such rules are within the standards and purposes of this chapter.

(Code 1981, §33-45-4, enacted by Ga. L. 1990, p. 1817, § 1; Ga. L. 1992, p. 2725, § 32; Ga. L. 2005, p. 60, § 33/HB 95; Ga. L. 2011, p. 315, § 1/SB 166.)

The 2011 amendment, effective July 1, 2011, rewrote paragraph (2); substituted a period for a semicolon at the end of paragraph (3); and deleted paragraphs (4) and (5), which read: "(4) Adopt rules, within the standards of this chapter, to set a bond conditioned upon compliance with the provisions of this chapter. The amount of the bond shall be not less than $10,000.00. The rules adopted by the department shall provide for consideration of the obligations, financial condition, amounts of debt, service provisions, and such other features as deemed pertinent and applicable to the determination of a sufficient bond amount; and

"(5) Impose administrative fines and penalties pursuant to this chapter."