GEORGIA CODE (Last Updated: August 20, 2013) |
Title 33. INSURANCE |
Chapter 5. REGULATION OF UNAUTHORIZED INSURERS |
Article 2. SURPLUS LINE INSURANCE |
Part 1. GENERAL PROVISIONS |
§ 33-5-20. Short title |
§ 33-5-20.1. Definitions |
§ 33-5-21. Authorization of procurement of surplus line insurance; conditions; procuring or placing nonadmitted insurance for exempt commercial purchaser |
§ 33-5-21.1. Application of Chapter 9 or Code Section 33-24-9 |
§ 33-5-22. Licensing of surplus line brokers generally |
§ 33-5-23. Revocation or suspension of broker's license |
§ 33-5-24. Acceptance and placement of business by surplus line brokers generally |
§ 33-5-25. Broker to ascertain financial condition of unauthorized insurer prior to placement of insurance therewith; placement of insurance with foreign or alien insurers |
§ 33-5-26. Endorsement of insurance contract by broker |
§ 33-5-27. Issuance to insured by broker of evidence of insurance; issuance of substitute certificate or endorsement; delivery of policy to insured; penalties |
§ 33-5-28. Maintenance by broker of records of policies written or renewed |
§ 33-5-29. Filing of quarterly affidavits by surplus line brokers; filing of reports of affairs and operations by brokers |
§ 33-5-30. Validity and enforceability of contracts procured as surplus line insurance |
§ 33-5-31. Payment by broker of tax for privilege of doing business; computation and allocation of tax |
§ 33-5-32. Penalty for failure to file quarterly affidavit or remit tax within time prescribed by law; collection and disposition of penalty |
§ 33-5-33. Filing of report by persons procuring insurance with unauthorized insurers; levy, collection, and disposition of tax by persons procuring such insurance |
§ 33-5-34. Venue of actions against unauthorized insurers issuing surplus line policies; service of process; filing of pleading by insurer |
§ 33-5-35. Applicability of article |
Part 2. INTERSTATE COOPERATION FOR COLLECTION AND DISBURSEMENT OF PREMIUM TAXES |
§ 33-5-40. Legislative findings |
§ 33-5-41. Governor authorized to enter into cooperative agreement, compact, or reciprocal agreement for collection of insurance premium taxes |
§ 33-5-42. Agreement to substantially follow form of model Surplus Lines Insurance Multi-State Compliance Compact |
§ 33-5-43. Governor to select agreement providing best financial advantage |
§ 33-5-44. Notice; report |
REFS & ANNOS
TITLE 33 Chapter 5 Article 2 NOTE
JUDICIAL DECISIONS
COVERAGE ISSUED UNDER ARTICLE ACCORDS WITH GEORGIA LAW. --Surplus line coverage issued in accordance with this article is issued in accordance with this chapter, while insurance written in a manner which authorizes service on the insurer under Art. 3 of this chapter is written in violation of and not in accordance with this chapter. Reeves v. South Am. Managers, Inc., 110 Ga. App. 49, 137 S.E.2d 700 (1964), aff'd, 220 Ga. 493, 140 S.E.2d 201 (1965).
CITED in Kelley v. Montgomery, 108 Ga. App. 271, 132 S.E.2d 857 (1963); Insurance Co. v. Dills, 145 Ga. App. 183, 243 S.E.2d 549 (1978).
OPINIONS OF THE ATTORNEY GENERAL
THIS ARTICLE DOES NOT TRANSFORM AN UNAUTHORIZED INSURER INTO AN AUTHORIZED INSURER. 1969 Op. Att'y Gen. No. 69-498.
COVERAGE ISSUED UNDER ARTICLE ACCORDS WITH GEORGIA LAW. --Surplus line coverage issued in accordance with this article is issued in accordance with this chapter, while insurance written in a manner which authorizes service on the insurer under Art. 3 of this chapter is written in violation of and not in accordance with this chapter. Reeves v. South Am. Managers, Inc., 110 Ga. App. 49, 137 S.E.2d 700 (1964), aff'd, 220 Ga. 493, 140 S.E.2d 201 (1965).
CITED in Kelley v. Montgomery, 108 Ga. App. 271, 132 S.E.2d 857 (1963); Insurance Co. v. Dills, 145 Ga. App. 183, 243 S.E.2d 549 (1978).
OPINIONS OF THE ATTORNEY GENERAL
THIS ARTICLE DOES NOT TRANSFORM AN UNAUTHORIZED INSURER INTO AN AUTHORIZED INSURER. 1969 Op. Att'y Gen. No. 69-498.