Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 5. REGULATION OF UNAUTHORIZED INSURERS · Article 2. SURPLUS LINE INSURANCE · Part 1. GENERAL PROVISIONS

33-5-30. Validity and enforceability of contracts procured as surplus line insurance.

Active

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

Insurance contracts procured as surplus line coverage from unauthorized insurers in accordance with this chapter shall be fully valid and enforceable as to all parties and shall be given recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.

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, § 56-617, 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 215; merge action: carried; file SHA-256 4ecec175d949.