Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 9. REGULATION OF RATES, UNDERWRITING RULES, AND RELATED ORGANIZATIONS

33-9-30. Suspension or revocation of license or certificate of authority for failure to comply with order of Commissioner.

Active

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

In addition to other penalties provided in this title, the Commissioner, by order pursuant to Code Section 33-9-29, may suspend or revoke, in whole or in part, the license of any rating organization or the certificate of authority of any insurer with respect to the class or classes of insurance specified in such order if such entity fails to comply within the time limited by such order or any extension thereof that the Commissioner may grant.

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 1933, § 56-531, enacted by Ga. L. 1967, p. 684, § 1; Ga. L. 2019, p. 337, § 1-51/SB 132. The 2019 amendment, effective July 1, 2019, inserted ‘‘, by order pursuant to Code Section 33-9-29,’’ near the beginning, substituted ‘‘if such entity fails’’ for ‘‘which fails’’ in the middle, and substituted ‘‘that the Commissioner’’ for ‘‘which the Commissioner’’ and deleted ‘‘with an order of the Commissioner lawfully made by him pursuant to Code Section 33-9-29’’ following ‘‘may grant’’ at the end of this Code section.

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

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