---
title: Title 33, Chapter 14. Domestic Stock and Mutual Insurers
collection: code
id: code:chapter:33-14
canonical_url: https://georgiacommons.org/code/title/33/chapter/14
md_url: https://georgiacommons.org/code/33-14.md
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.md
previous: https://georgiacommons.org/code/33-13A.md
next: https://georgiacommons.org/code/33-15.md
index: https://georgiacommons.org/code/index.md
heading: DOMESTIC STOCK AND MUTUAL INSURERS
title_heading: INSURANCE
section_count: 78
full_url: https://georgiacommons.org/code/33-14.md?full=1
---

# Title 33, Chapter 14. Domestic Stock and Mutual Insurers

Title 33. Insurance

78 sections. Each line is `citation, catchline, status, URL`; the text of every section, in order, is at https://georgiacommons.org/code/33-14.md?full=1 (capped, with a pointer to continue).

- 33-14-1, Applicability of chapter, active, https://georgiacommons.org/code/33-14-1.md
- 33-14-2, Definitions, active, https://georgiacommons.org/code/33-14-2.md
- 33-14-3, Applicability of general corporation statutes, active, https://georgiacommons.org/code/33-14-3.md
- 33-14-4, Execution and contents of application for charter, active, https://georgiacommons.org/code/33-14-4.md
- 33-14-5, Filing of application for charter; fee; approval or disapproval of charter, active, https://georgiacommons.org/code/33-14-5.md
- 33-14-6, Grant of corporate powers and privileges; issuance of certificate of incorporation; recordation of documents; appointment of attorney for acceptance of service of process, active, https://georgiacommons.org/code/33-14-6.md
- 33-14-7, Name of corporation, active, https://georgiacommons.org/code/33-14-7.md
- 33-14-8, Procedures for amendment or renewal of charter, active, https://georgiacommons.org/code/33-14-8.md
- 33-14-9, Powers of corporations generally, active, https://georgiacommons.org/code/33-14-9.md
- 33-14-10, Sale of subscriptions for insurance securities and sale offer of insurance securities, active, https://georgiacommons.org/code/33-14-10.md
- 33-14-11, Charitable, scientific, or educational donations, active, https://georgiacommons.org/code/33-14-11.md
- 33-14-12, Number, qualifications, election, and terms of directors, active, https://georgiacommons.org/code/33-14-12.md
- 33-14-13, Maintenance of principal place of business and records; maintenance of assets within state; removal of records or assets from state without approval, active, https://georgiacommons.org/code/33-14-13.md
- 33-14-14, Filing and terms of management and exclusive agency contracts; approval or disapproval of contracts by Commissioner, active, https://georgiacommons.org/code/33-14-14.md
- 33-14-15, Borrowing of money, active, https://georgiacommons.org/code/33-14-15.md
- 33-14-16, Participating and nonparticipating policies; earned dividend not to be made contingent upon payment of renewal premium, active, https://georgiacommons.org/code/33-14-16.md
- 33-14-17, Voting securities, active, https://georgiacommons.org/code/33-14-17.md
- 33-14-18, Filing of registration statement by holding company prior to offering of stock for sale to public; contents of statement; approval or disapproval of sale by Commissioner, active, https://georgiacommons.org/code/33-14-18.md
- 33-14-19, Regulation of financial interests in and transactions with insurers by officers, directors, committee members, or employees, active, https://georgiacommons.org/code/33-14-19.md
- 33-14-20, Limitation on commission received by persons selling stock of insurers; participation by corporate officers in commissions, active, https://georgiacommons.org/code/33-14-20.md
- 33-14-21, Limitation on organizational expenses, active, https://georgiacommons.org/code/33-14-21.md
- 33-14-22, Proceedings for correction of deficiency in assets or capital of insurer; institution of delinquency proceedings upon failure to correct deficiency, active, https://georgiacommons.org/code/33-14-22.md
- 33-14-23, Extinguishment of charters of corporations not actively engaged in business; automatic extinguishment of charter upon merger or consolidation, active, https://georgiacommons.org/code/33-14-23.md
- 33-14-24, Procedure for voluntary dissolution generally; effective date of dissolution; conditions precedent to effectuation of dissolution, active, https://georgiacommons.org/code/33-14-24.md
- 33-14-25, Procedure for surrender of charter, active, https://georgiacommons.org/code/33-14-25.md
- 33-14-26, Powers and duties of directors as trustees upon expiration of period of corporate existence; filling of vacancies and replacement of directors, active, https://georgiacommons.org/code/33-14-26.md
- 33-14-27, Continuance of corporate existence subsequent to dissolution or expiration, active, https://georgiacommons.org/code/33-14-27.md
- 33-14-40, Reinsurance of risks generally; bulk insurance agreements, active, https://georgiacommons.org/code/33-14-40.md
- 33-14-41, Dividends payable only out of realized profits or upon special approval of Commissioner, active, https://georgiacommons.org/code/33-14-41.md
- 33-14-42, Illegal dividends, active, https://georgiacommons.org/code/33-14-42.md
- 33-14-43, Authorization and procedure for merger or consolidation; receipt of consideration by directors, officers, agents, or employees; formation of domestic insurance company for sole purpose of merging or consolidating with existing domestic insurer, active, https://georgiacommons.org/code/33-14-43.md
- 33-14-44, Authorization and procedure for conversion of stock insurer to mutual insurer, active, https://georgiacommons.org/code/33-14-44.md
- 33-14-45, Classes of common or preferred shares, active, https://georgiacommons.org/code/33-14-45.md
- 33-14-60, Bylaws, active, https://georgiacommons.org/code/33-14-60.md
- 33-14-61, Types of insurance in which newly organized insurers authorized to transact business; requirements as to transaction of particular kinds of insurance generally, active, https://georgiacommons.org/code/33-14-61.md
- 33-14-62, Authorization of transaction of additional kinds of insurance, active, https://georgiacommons.org/code/33-14-62.md
- 33-14-63, Filing of surety bond or deposit by incorporators of proposed insurer; conditions of bond or deposit; release and discharge, active, https://georgiacommons.org/code/33-14-63.md
- 33-14-64, Solicitation of applications for policies upon approval of bond or deposit; provisions and execution of applications; requirement of cash premiums, active, https://georgiacommons.org/code/33-14-64.md
- 33-14-65, Deposit of premiums and fees collected; issuance and delivery of policies by insurers; effective date of insurance, active, https://georgiacommons.org/code/33-14-65.md
- 33-14-66, Return of deposits or premiums upon failure of proposed insurer to complete organization and secure original certificate of authority, active, https://georgiacommons.org/code/33-14-66.md
- 33-14-67, Policyholders deemed members of insurers; persons entitled to become members; liability upon insurance contracts of representatives of members; rights of members generally, active, https://georgiacommons.org/code/33-14-67.md
- 33-14-68, Contingent liability of members, active, https://georgiacommons.org/code/33-14-68.md
- 33-14-69, Levy of assessment by directors; computation of assessment; allowance of offsets against assessments, active, https://georgiacommons.org/code/33-14-69.md
- 33-14-70, Notice of assessment; presumption as to correctness of assessment; proceedings upon failure of member to pay assessment, active, https://georgiacommons.org/code/33-14-70.md
- 33-14-71, Extinguishment of contingent liability; revocation of authority to issue policies without contingent liability; issuance of nonassessable policies by foreign or alien insurers, active, https://georgiacommons.org/code/33-14-71.md
- 33-14-72, Reinsurance of risks, active, https://georgiacommons.org/code/33-14-72.md
- 33-14-73, Dividends payable only out of net realized savings and earnings, active, https://georgiacommons.org/code/33-14-73.md
- 33-14-74, Liability of directors for declaration or payment of illegal dividend, active, https://georgiacommons.org/code/33-14-74.md
- 33-14-75, Procedure for merger or consolidation, active, https://georgiacommons.org/code/33-14-75.md
- 33-14-76, Authorization and procedure for conversion of mutual insurer to stock insurer, active, https://georgiacommons.org/code/33-14-76.md
- 33-14-77, Distribution of assets to members upon liquidation of insurers generally; calculation of distributive shares of members, active, https://georgiacommons.org/code/33-14-77.md
- 33-14-90, ‘‘Equity security’’ defined, active, https://georgiacommons.org/code/33-14-90.md
- 33-14-91, Filing of statements of equity securities ownership, active, https://georgiacommons.org/code/33-14-91.md
- 33-14-92, Authorization of actions to recover for insurer profits from purchases and sales, or sale and purchase, within period of less than six months, active, https://georgiacommons.org/code/33-14-92.md
- 33-14-93, Unlawful sales of securities, active, https://georgiacommons.org/code/33-14-93.md
- 33-14-94, Sales by dealers in ordinary course of business and incident to establishment or maintenance of primary or secondary market exempted from article, active, https://georgiacommons.org/code/33-14-94.md
- 33-14-95, Foreign or domestic arbitrage transactions exempted from article, active, https://georgiacommons.org/code/33-14-95.md
- 33-14-96, Transactions in securities registered under Section 12 of Securities Exchange Act of 1934 exempted from article, active, https://georgiacommons.org/code/33-14-96.md
- 33-14-97, Promulgation of rules and regulations by Commissioner; effect of rules and regulations upon liability under Code Sections 33-14-91 through 33-14-93, active, https://georgiacommons.org/code/33-14-97.md
- 33-14-100, Definitions, active, https://georgiacommons.org/code/33-14-100.md
- 33-14-101, Authorization to organize domestic limited purpose subsidiary, active, https://georgiacommons.org/code/33-14-101.md
- 33-14-102, Approval of operation plan and certificate of authority requirements; certain disclosure requirements; examination by Commissioner, active, https://georgiacommons.org/code/33-14-102.md
- 33-14-103, Powers of limited purpose subsidiary, active, https://georgiacommons.org/code/33-14-103.md
- 33-14-104, Investment of funds, active, https://georgiacommons.org/code/33-14-104.md
- 33-14-105, Officers and directors, active, https://georgiacommons.org/code/33-14-105.md
- 33-14-106, Reinsurance, active, https://georgiacommons.org/code/33-14-106.md
- 33-14-107, Assets, active, https://georgiacommons.org/code/33-14-107.md
- 33-14-108, Applicability of certain provisions of this title, active, https://georgiacommons.org/code/33-14-108.md
- 33-14-109, Adoption of rules, active, https://georgiacommons.org/code/33-14-109.md
- 33-14-120, Definitions, active, https://georgiacommons.org/code/33-14-120.md
- 33-14-121, Plans of division; requirements; amendment, active, https://georgiacommons.org/code/33-14-121.md
- 33-14-122, Approval of plan of division, active, https://georgiacommons.org/code/33-14-122.md
- 33-14-123, Approval by Commissioner after public notice and hearing; when plan of division not approved; factors for consideration; confidentiality; allocation of expenses; findings; final orders; additional procedures, active, https://georgiacommons.org/code/33-14-123.md
- 33-14-124, Requirements for certificates of division; articles of incorporation; effective date, active, https://georgiacommons.org/code/33-14-124.md
- 33-14-125, Upon division becoming effective; rights upon division; requirement for new financing statement; distributions, active, https://georgiacommons.org/code/33-14-125.md
- 33-14-126, Responsibilities of resulting insurers, active, https://georgiacommons.org/code/33-14-126.md
- 33-14-127, Rights of shareholders of dividing insurer, active, https://georgiacommons.org/code/33-14-127.md
- 33-14-128, Regulatory authority, active, https://georgiacommons.org/code/33-14-128.md