GEORGIA CODE (Last Updated: August 20, 2013)

Section 33-40-9. Prohibited acts

Latest version.

   The following acts by a risk retention group are prohibited:

   (1) The solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and

   (2) The solicitation or sale of insurance by, or operation of, a risk retention group that is in a hazardous financial condition or is financially impaired.

Code 1981, § 33-40-9, enacted by Ga. L. 1987, p. 875, § 1.

                    
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