O.C.G.A.
O.C.G.A. § 33-49-6 (2019)
Prohibition against employing unlicensed broker or individual employed by broker; annual statement of broker’s financial condition required
✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
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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(a) An insurer shall not engage the services of any person, firm, association, or corporation to act as a broker on its behalf unless such person is licensed as required by subsection (a) of Code Section 33-49-3.
(b) An insurer may not employ an individual who is employed by a broker with which it transacts business unless such broker is under common control with the insurer and subject to Chapter 13 of this title.
(c) The insurer shall annually obtain a copy of statements of the financial condition of each broker with which it transacts business.
History
Code 1981, § 33-49-6, enacted by Ga. L. 1991, p. 1424, § 8.