GEORGIA CODE (Last Updated: August 20, 2013) |
Title 33. INSURANCE |
Chapter 3. AUTHORIZATION AND GENERAL REQUIREMENTS FOR TRANSACTION OF INSURANCE |
Section 33-3-19. Mandatory refusal, revocation, or suspension of certificate
Latest version.
- The Commissioner shall refuse to issue or to renew or shall revoke or suspend an insurer's certificate of authority:
(1) If such action is required by any provision of this title; or
(2) If the insurer no longer meets the requirements for the authority originally granted on account of deficiency in assets or otherwise.
Code 1933, § 56-316, enacted by Ga. L. 1960, p. 289, § 1.