Section 33-41-11. Refusal, suspension, or nonrenewal of certificate; expiration, renewal, amendment  


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  •    (a) The certificate of authority of a captive insurance company to transact insurance in this state may be refused, suspended, or not be renewed pursuant to Code Sections 33-3-17 through 33-3-19, inclusive.

    (b) A certificate of authority shall expire, be renewed, and be amended by the Commissioner pursuant to Code Section 33-3-16.
Code 1981, § 33-41-11, enacted by Ga. L. 1988, p. 966, § 2.