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Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 23. LICENSING · Article 1. AGENTS, AGENCIES, SUBAGENTS, COUNSELORS, AND ADJUSTERS

33-23-3. Agency licensing and biennial renewals; ownership restrictions.

Active

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

  1. (a)

    Each principal office of an agency shall obtain an agency license prior to commencement of operations and renew such license biennially prior to the last day of the origination month of such agency by filing application forms prescribed by the Commissioner.#

  2. (b)

    An agency shall be subject to all penalties, fines, criminal sanctions, and other actions authorized for agents under this title.#

  3. (c)

    No person shall be an owner of an agency or, if the agency is a corporation, no person shall be an officer or director of such corporation or own 10 percent or more of the corporation if such person has had his or her license under this title refused, revoked, or suspended.#

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.

History

Code 1981, § 33-23-3, enacted by Ga. L. 1992, p. 2830, § 1; Ga. L. 1997, p. 1296, § 3; Ga. L. 2001, p. 925, § 1; Ga. L. 2011, p. 623, § 2/SB 251; Ga. L. 2012, p. 37, § 1/HB 477; Ga. L. 2019, p. 386, § 4/SB 133; Ga. L. 2025, p. 652, § 12/HB 410, effective May 14, 2025.

Amendments

The 2025 amendment, effective May 14, 2025, rewrote subsection (a).

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-ch23-66-(v25)-pdf.pdf, Volume V25, 2020 edition, 2025 supplement, pages 7 to 8; merge action: replaced; file SHA-256 e6be8da2a3c1.