33-17-7. Issuance of certificate of authority; refusal, suspension, or revocation of certificate of authority; renewal of certificate; payment of fees and taxes.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
The certificate of authority to transact business of a reciprocal insurer shall be issued to its attorney in the name of the insurer.#
(b)
The Commissioner may refuse, suspend, or revoke the certificate of authority to transact business, in addition to other grounds for refusal, suspension, or revocation, for failure of the attorney to comply with any provision of this title.#
(c)
The certificate shall be renewed annually and shall be issued and renewed upon payment of the fees required of insurers under this title.#
(d)
Each holder of a certificate of authority to transact business of a reciprocal insurer shall pay all fees required by this title and shall pay all of the taxes required by law to be paid by companies doing a like business in this state.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1933, § 56-2109, enacted by Ga. L. 1960, p. 289, § 1.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch1-22-(v24)-2020-pdf.pdf, Volume V24, 2020 edition, page 769; merge action: carried; file SHA-256 4ecec175d949.