---
title: O.C.G.A. § 33-10-11. Requirement of special reserve for certain bonds.
collection: code
id: 33-10-11
cite_as: O.C.G.A. § 33-10-11 (2025)
canonical_url: https://georgiacommons.org/code/33-10-11
md_url: https://georgiacommons.org/code/33-10-11.md
text_url: https://georgiacommons.org/code/33-10-11/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch1-22-(v24)-2020-pdf.pdf?sfvrsn=a873240d_0#page=475
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/33-10.md
previous: https://georgiacommons.org/code/33-10-10.md
next: https://georgiacommons.org/code/33-10-12.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: INSURANCE / ASSETS AND LIABILITIES
---

# O.C.G.A. § 33-10-11. Requirement of special reserve for certain bonds.

In lieu of the unearned premium reserve required on surety insurance under subsection (a) of Code Section 33-10-6, the Commissioner may require any surety insurer or limited surety insurer to set up and maintain a reserve on all bail bonds or other single premium bonds without definite expiration data, furnished in judicial proceedings, equal to 25 percent of the total consideration charged for any bonds as are outstanding as of the date of any then current financial statement of the insurer.

## History

Code 1933, § 56-917, enacted by Ga. L. 1973, p. 499, § 2; Ga. L. 2019, p. 337, § 1-59/SB 132.

The 2019 amendment, effective July 1, 2019, inserted ‘‘then’’ near the end of this Code section.