---
title: O.C.G.A. § 33-65-8. Failure to file corporate governance annual disclosures; penalty.
collection: code
id: 33-65-8
cite_as: O.C.G.A. § 33-65-8 (2025)
canonical_url: https://georgiacommons.org/code/33-65-8
md_url: https://georgiacommons.org/code/33-65-8.md
text_url: https://georgiacommons.org/code/33-65-8/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch23-65-(v25)-2020-pdf.pdf?sfvrsn=68297_0#page=1118
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/33-65.md
previous: https://georgiacommons.org/code/33-65-7.md
next: https://georgiacommons.org/code/33-65-9.md
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 / CORPORATE GOVERNANCE ANNUAL DISCLOSURE
---

# O.C.G.A. § 33-65-8. Failure to file corporate governance annual disclosures; penalty.

Any insurer failing, without just cause, to timely file the corporate governance annual disclosure as required in this chapter shall be required, after notice and hearing, to pay a penalty of $100.00 for each day’s delay, to be recovered by the Commissioner, and the penalty so recovered shall be paid into the general fund of the state treasury. The maximum penalty under this Code section is $10,000.00. The Commissioner may reduce the penalty if the insurer demonstrates to the Commissioner that the imposition of the penalty would constitute a financial hardship to the insurer.

## History

Code 1981, § 33-65-8, enacted by Ga. L. 2019, p. 1038, § 1/HB 367.