Official Code of Georgia Annotated

Title 34. LABOR AND INDUSTRIAL RELATIONS · Chapter 9. WORKERS’ COMPENSATION · Article 4. INSURANCE OF COMPENSATION LIABILITY GENERALLY

34-9-132. Grounds for revocation of insurance carrier’s permit.

Active

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

The board is authorized, of its own motion or upon complaint filed with it, after notice of not less than ten days and a hearing thereon, to revoke any permit granted under Code Section 34-9-131 if an employer is ready, willing, and able to pay a premium at the rate prescribed by the Department of Insurance but it appears that the holder of such permit declines to accept and underwrite the risk assigned to it by the board or a bureau established and approved for rating purposes; or if it appears that the holder of any such permit fails and refuses to obey any valid order of the board or to pay any award entered against it by the board and not appealed from or affirmed on appeal; or if it appears that the holder of such permit is otherwise not qualified to carry on such business.

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 1933, § 114-610, enacted by Ga. L. 1935, p. 146, § 1; Ga. L. 2019, p. 337, § 1-98/SB 132.

The 2019 amendment, effective July 1, 2019, substituted “Department of Insurance” for “Insurance Department” near the middle of this Code section.

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 t34-(v26)-pdf.pdf, Volume V26, 2017 edition, 2025 supplement, page 118; merge action: replaced; file SHA-256 fbb5a8d0f75f.