TITLE 33 INSURANCE

Section 5. Regulation of Unauthorized Insurers, 33-5-1 through 33-5-59.

ARTICLE 2 SURPLUS LINE INSURANCE

33-5-42. Agreement to substantially follow form of model Surplus Lines Insurance Multi-State Compliance Compact.

The cooperative agreement, compact, or reciprocal agreement for the purpose of the collection of insurance premiums imposed by Code Section 33-5-31 shall substantially follow the form of the model Surplus Lines Insurance Multi-State Compliance Compact, also known as SLIMPACT-lite, created by the National Conference of Insurance Legislators or the model Nonadmitted Insurance Multi-State Agreement, also known as NIMA, created by the National Association of Insurance Commissioners, as such documents exist on July 1, 2011.

(Code 1981, §33-5-42, enacted by Ga. L. 2011, p. 449, § 8/HB 413.)