33-59-8. Advertising.

Active

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

(a)
A registered life settlement broker or licensed provider who is registered or licensed pursuant to this chapter may conduct or participate in advertisements within this state. Such advertisements shall comply with all advertising and marketing laws of this state and rules and regulations promulgated by the Commissioner that are applicable to life insurers or to life settlement brokers and providers licensed pursuant to this chapter.#
(b)
Advertisements shall be accurate, truthful, and not misleading in fact or by implication.#
(c)
No person or trust shall:#
1. (1)
  Directly or indirectly, market, advertise, solicit, or otherwise promote the purchase of a policy for the sole purpose of or with a primary emphasis on settling the policy; or#
2. (2)
  Use the words ‘‘free,’’ ‘‘no cost,’’ or words of similar import in the marketing, advertising, soliciting, or otherwise promoting of the purchase of a policy.#

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 1981, § 33-59-8, enacted by Ga. L. 2009, p. 370, § 1/SB 61.

Ga. L. 2009, p. 370, § 1/SB 61, effective July 1, 2009, redesignated former Code Section 33-59-8 as present Code Section 33-59-9.

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-ch23-65-(v25)-2020-pdf.pdf, Volume V25, 2020 edition, pages 1037 to 1038; merge action: carried; file SHA-256 1cdfeaa4b73e.