TITLE 33 INSURANCE

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

ARTICLE 4 LIQUIDATION PROCEEDINGS

33-45-5. Application for approval or renewal of certificate of authority.

No person may engage in the business of providing continuing care or limited continuing care or issuing continuing care agreements in this state without a certificate of authority therefor obtained from the department as provided in this chapter. For purposes of this Code section, the term "engage in the business of" shall include the development or construction of a facility subject to regulation under this chapter or the holding of oneself out to the public as a provider. The application for approval or renewal of a certificate of authority shall be on such forms as provided by the department. The department shall issue such certificate of authority if the applicant pays the required fees, and the continuing care agreement for the applicant meets the requirements of Code Section 33-45-7. The department shall renew a certificate of authority if the provider pays the required fees and furnishes the annual disclosure statement required by Code Section 33-45-6 and is otherwise not in violation of this chapter.

(Code 1981, §33-45-5, enacted by Ga. L. 1990, p. 1817, § 1; Ga. L. 2011, p. 315, § 1/SB 166; Ga. L. 2012, p. 775, § 33/HB 942.)

The 2011 amendment, effective July 1, 2011, inserted "limited continuing care or" in the first sentence, added the second sentence, substituted "fees," for "fees" in the fourth sentence; and inserted "disclosure" in the last sentence.

The 2012 amendment, effective May 1, 2012, part of an Act to revise, modernize, and correct the Code, substituted "annual disclosure statement" for "annual disclosure statements" in this Code section.