Section 33-5-59. Applicability of article

   This article shall not apply to any action or proceeding against any unauthorized insurer arising out of any contract of:

   (1) Reinsurance effectuated in accordance with the laws of Georgia;

   (2) Surplus line insurance authorized by this chapter;

   (3) Insurance on property or operations of carriers engaged in interstate commerce;

   (4) Insurance against legal liability arising out of the ownership, operation, or maintenance of any property having a permanent situs outside of this state; or

   (5) Insurance against loss of or damage to any property having a permanent situs outside of this state where the contract contains a provision designating the Commissioner or a bona fide resident of the State of Georgia to be its true and lawful attorney upon whom may be served all lawful process in any action or proceeding instituted by or on behalf of an insured or beneficiary arising out of the contract or where the insurer enters a general appearance in any such action or proceeding.

Code 1933, § 56-612, enacted by Ga. L. 1960, p. 289, § 1.