Official Code of Georgia Annotated

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

33-23-40. Contracts issued by unauthorized persons not rendered unenforceable.

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

Any contract of insurance issued by a person prohibited by this chapter from so issuing it shall not be rendered unenforceable by reason of the violation of this chapter, but all persons knowingly participating in the violation shall be subject to the provisions of Chapter 2 of this title.

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, § 33-23-40, enacted by Ga. L. 1992, p. 2830, § 1; Ga. L. 1999, p. 878, § 11; Ga. L. 2001, p. 925, § 1; Ga. L. 2019, p. 386, § 17/SB 133. The 2019 amendment, effective July 1, 2019, revised punctuation in the middle, and substituted ‘‘subject to the provisions of Chapter 2 of this title’’ for ‘‘guilty of a misdemeanor’’ at the end.

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

Text read from t33-ch23-65-(v25)-2020-pdf.pdf, Volume V25, 2020 edition, pages 87 to 88; merge action: carried; file SHA-256 1cdfeaa4b73e.