---
title: O.C.G.A. § 33-15-105. Deficiencies of domestic society; notice; surrender of charter.
collection: code
id: 33-15-105
cite_as: O.C.G.A. § 33-15-105 (2025)
canonical_url: https://georgiacommons.org/code/33-15-105
md_url: https://georgiacommons.org/code/33-15-105.md
text_url: https://georgiacommons.org/code/33-15-105/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=750
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/33-15.md
previous: https://georgiacommons.org/code/33-15-104.md
next: https://georgiacommons.org/code/33-15-106.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 / FRATERNAL BENEFIT SOCIETIES / VALUATION STANDARDS; LICENSES AND RENEWALS; EXAMINATIONS; VIOLATIONS; AGENTS OR REPRESENTATIVES
---

# O.C.G.A. § 33-15-105. Deficiencies of domestic society; notice; surrender of charter.

(a) When the Commissioner upon investigation finds that a domestic society:

(1) Has exceeded its powers;

(2) Has failed to comply with any provision of this chapter;

(3) Is not fulfilling its contracts in good faith;

(4) Has a membership of less than 400 after an existence of one year or more; or

(5) Is conducting business fraudulently or in a manner hazardous to its members, creditors, the public, or the business,

the Commissioner shall notify the society of such deficiency or deficiencies in the manner and under the procedures provided by Chapter 2 of this title.

(b) A domestic society may surrender its charter under the procedure in Code Section 33-14-25.

## History

Code 1981, § 33-15-105, enacted by Ga. L. 1993, p. 1744, § 1.