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O.C.G.A. § 33-5-43 — Governor to select agreement providing best financial advantage | Georgia Code

O.C.G.A. § 33-5-43 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 33 INSURANCE

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

ARTICLE 2 SURPLUS LINE INSURANCE

33-5-43. Governor to select agreement providing best financial advantage.

The Governor with the consultation and advice of the Commissioner shall select the agreement, if any, that provides the best financial advantage to the state. In determining which agreement, if any, provides the best financial advantage to the state, the Governor with the consultation and advice of the Commissioner shall consider the impact on the state's gross receipt of premium tax, the potential additional administrative burden to the state and surplus line brokers procuring or placing surplus line insurance under this chapter, and such other criteria as determined by the Governor with the consultation and advice of the Commissioner.

(Code 1981, §33-5-43, enacted by Ga. L. 2011, p. 449, § 8/HB 413.)

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This Georgia Code resource is curated by Graham W. Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. Attorney Syfert regularly works with Title 33 in the context of Georgia insurance coverage law and represents clients throughout Northeast Florida and South Georgia. For legal consultation, call 904-383-7448.