---
title: O.C.G.A. § 33-52-1. Applicability of article.
collection: code
id: 33-52-1
cite_as: O.C.G.A. § 33-52-1 (2025)
canonical_url: https://georgiacommons.org/code/33-52-1
md_url: https://georgiacommons.org/code/33-52-1.md
text_url: https://georgiacommons.org/code/33-52-1/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch23-66-(v25)-pdf.pdf?sfvrsn=e52ed458_0#page=157
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/33-52.md
previous: https://georgiacommons.org/code/33-51-7.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: INSURANCE / ASSUMPTION REINSURANCE AGREEMENTS AND INSURANCE BUSINESS TRANSFERS / ASSUMPTION REINSURANCE AGREEMENTS
---

# O.C.G.A. § 33-52-1. Applicability of article.

(a) This article shall apply to any insurer authorized or doing business in this state which transfers or assumes the obligations or risks on contracts of insurance written or assumed in this state to or from another insurer pursuant to an assumption reinsurance agreement.

(b) This article shall not apply to:

(1) Any reinsurance agreement or transaction in which the ceding insurer continues to remain directly liable for its insurance obligations or risks under the contracts of insurance subject to the reinsurance agreement;

(2) The substitution of one insurer for another upon expiration of insurance coverage pursuant to statutory or contractual requirements and the issuance of a new contract of insurance by another insurer;

(3) The transfer of contracts of insurance pursuant to mergers or consolidations of two or more insurers to the extent that those transactions are regulated by statute;

(4) Any insurer subject to a judicial order of liquidation or rehabilitation; or

(5) Any contract controlled by a state guaranty association or a state insolvency pool.

## History

Code 1981, § 33-52-1, enacted by Ga. L. 1992, p. 1385, § 1; Ga. L. 2024, p. 770, § 3/HB 1049, effective May 6, 2024.

## Amendments

The 2024 amendment, effective May 6, 2024, substituted “article” for “chapter” in subsection (a) and at the beginning of subsection (b).