Official Code of Georgia Annotated
Title 33. INSURANCE · Chapter 22. INSURANCE PREMIUM FINANCE COMPANIES
33-22-2. Definitions.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
As used in this chapter, the term:
- (1)
‘‘Insurance premium finance agreement’’ means an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent or insurance broker in payment of premiums on an insurance contract together with a service charge as authorized and limited by this chapter.#
- (2)
‘‘Insurance premium finance company’’ means a person engaged in the business of entering into insurance premium finance agreements.#
- (3)
‘‘Licensee’’ means an insurance premium finance company holding a license issued by the Commissioner under this chapter.#
History
Ga. L. 1969, p. 561, § 3.
Read the official page (the state's PDF, opened at the page this text was read from).
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 915; merge action: carried; file SHA-256 4ecec175d949.