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Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 5. REGULATION OF UNAUTHORIZED INSURERS · Article 2. SURPLUS LINE INSURANCE · Part 2. INTERSTATE COOPERATION FOR COLLECTION AND DISBURSEMENT OF PREMIUM TAXES

33-5-43. Governor to select agreement providing best financial advantage.

Active

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

  1. The Governor with the consultation and advice of the Commissioner shall select the agreement, if any, that provides the best financial advantage to the state. In determining which agreement, if any, provides the best financial advantage to the state, the Governor with the consultation and advice of the Commissioner shall consider the impact on the state’s gross receipt of premium tax, the potential additional administrative burden to the state and surplus line brokers procuring or placing surplus line insurance under this chapter, and such other criteria as determined by the Governor with the consultation and advice of the Commissioner.

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, § 33-5-43, enacted by Ga. L. 2011, p. 449, § 8/HB 413.

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 222; merge action: carried; file SHA-256 4ecec175d949.