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O.C.G.A. § 33-8-3 — License fees of insurance companies generally | Georgia Code
O.C.G.A. § 33-8-3 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 33 INSURANCE

Section 8. Fees and Taxes, 33-8-1 through 33-8-13.

ARTICLE 2 UNFAIR CLAIMS SETTLEMENT PRACTICES

33-8-3. License fees of insurance companies generally.

  1. Each and every insurance company, domestic, foreign, or alien, carrying on an insurance business in Georgia shall pay to the Commissioner, annually in advance, on or before July 1, a license fee in an amount as provided in Code Section 33-8-1, which payment shall be in lieu of all other license fees of said companies.Foreign companies entering the state and domestic companies beginning business at any time during the license year as fixed by this Code section shall pay said license fee in full for the remaining portion of that license year.
  2. The license fees provided for in Code Section 33-8-1 are expressly imposed on and shall be the obligation of the licensees.

(Code 1933, § 56-1309, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1983, p. 729, § 2; Ga. L. 1984, p. 22, § 33; Ga. L. 1985, p. 1399, § 5; Ga. L. 1992, p. 2725, § 12.)

JUDICIAL DECISIONS

County taxing power preempted prior to 1984.

- O.C.G.A. § 33-8-8.2, effective January 1, 1984, does not affect the validity of a DeKalb county license tax imposed for the years 1974 through 1981, when preemption of the county's power to tax casualty insurance companies could be fairly implied from the sweeping language and broad scope of the 1960 general Act regulating the insurance industry on a state-wide basis, and particularly from the state-wide gross premium tax on casualty insurance companies contained in O.C.G.A. § 33-8-4. Cotton States Mut. Ins. Co. v. DeKalb County, 251 Ga. 309, 304 S.E.2d 386 (1983).

RESEARCH REFERENCES

Am. Jur. 2d.

- 43 Am. Jur. 2d, Insurance, §§ 30, 43.

C.J.S.

- 44 C.J.S., Insurance, § 71.

ALR.

- What organizations are within provisions of tax statutes relating to insurance companies, 146 A.L.R. 454.

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This Georgia Code resource is curated by an Orange Park personal injury and workers' comp lawyer, 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.