--- title: O.C.G.A. § 10-4-103. Insurance as prerequisite for license. collection: code id: 10-4-103 cite_as: O.C.G.A. § 10-4-103 (2025) canonical_url: https://georgiacommons.org/code/10-4-103 md_url: https://georgiacommons.org/code/10-4-103.md text_url: https://georgiacommons.org/code/10-4-103/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=684 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/10-4.md previous: https://georgiacommons.org/code/10-4-102.md next: https://georgiacommons.org/code/10-4-104.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: COMMERCE AND TRADE / WAREHOUSEMEN / TOBACCO WAREHOUSING / LEAF TOBACCO SALES AND STORAGE --- # O.C.G.A. § 10-4-103. Insurance as prerequisite for license. As a prerequisite to the issuance of a license under this part, each applicant shall furnish evidence to the Commissioner of Agriculture that he has in force a standard fire and extended coverage insurance policy for the full market value of the tobacco in his sales warehouse for the marketing season for which the license is sought. The insurance policy shall be written by an insurance company, of the warehouseman’s choice, authorized to transact business in this state, and such insurance coverage shall be approved in form by the Commissioner of Insurance, and a copy of the insurance policy shall be filed with the Commissioner of Agriculture. The policy shall cover both first-hand and resale tobacco. The insurance policy shall contain an endorsement requiring notification to the Commissioner of Agriculture by the insurance company of its intention to cancel the policy at least ten days prior to cancellation. ## History Ga. L. 1960, p. 214, § 3; Ga. L. 1970, p. 222, § 1; Ga. L. 1989, p. 14, § 10.