GEORGIA CODE (Last Updated: August 20, 2013) |
Title 33. INSURANCE |
Chapter 31. CREDIT LIFE INSURANCE AND CREDIT ACCIDENT AND SICKNESS INSURANCE |
Section 33-31-11. Right of debtor to furnish insurance
Latest version.
- When credit life insurance or credit accident and sickness insurance is required as additional security for any indebtedness, the debtor, upon written request to the creditor, shall have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this state.
Code 1933, § 56-3311, enacted by Ga. L. 1960, p. 289, § 1.