Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 31. CREDIT LIFE INSURANCE AND CREDIT ACCIDENT AND SICKNESS INSURANCE

33-31-11. Right of debtor to furnish insurance.

Active

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

When credit life insurance or credit accident and sickness insurance is required as additional security for any indebtedness, the debtor, upon written request to the creditor, shall have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within 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, § 56-3311, 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-ch23-65-(v25)-2020-pdf.pdf, Volume V25, 2020 edition, page 617; merge action: carried; file SHA-256 1cdfeaa4b73e.