Section 33-17-14. Subscribers' advisory committee  


Latest version.
  •    (a) The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under such rules as the subscribers adopt.

    (b) The committee shall:

       (1) Supervise the finances of the insurer;

       (2) Supervise the insurer's operations to such extent as to assure conformity with the subscribers' agreement and power of attorney;

       (3) Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and

       (4) Have any additional powers and functions as may be conferred by the subscribers' agreement.
Code 1933, § 56-2120, enacted by Ga. L. 1960, p. 289, § 1.