---
title: O.C.G.A. § 33-12-8. Release of deposits generally.
collection: code
id: 33-12-8
cite_as: O.C.G.A. § 33-12-8 (2025)
canonical_url: https://georgiacommons.org/code/33-12-8
md_url: https://georgiacommons.org/code/33-12-8.md
text_url: https://georgiacommons.org/code/33-12-8/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=587
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/33-12.md
previous: https://georgiacommons.org/code/33-12-7.md
next: https://georgiacommons.org/code/33-12-9.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 / ADMINISTRATION OF DEPOSITS
---

# O.C.G.A. § 33-12-8. Release of deposits generally.

Any deposit made in this state under this title shall be released:

(1) To the insurer upon extinguishment by reinsurance or otherwise of all liability of the insurer for the security of which the deposit is held;

(2) To the insurer to the extent such deposit is in excess of the amount required; or

(3) Upon proper order of a court of competent jurisdiction, to the receiver, conservator, rehabilitator, or liquidator of the insurer or to any other properly designated official or officials who succeed to the management and control of the insurer’s assets.

## History

Ga. L. 1887, p. 113, § 4; Civil Code 1895, §§ 2039, 2041; Civil Code 1910, §§ 2423, 2425; Code 1933, §§ 56-323, 56-324; Code 1933, § 56-1108, enacted by Ga. L. 1960, p. 289, § 1.