---
title: O.C.G.A. § 34-9-172. Examinations by Commissioner to verify solvency of funds.
collection: code
id: 34-9-172
cite_as: O.C.G.A. § 34-9-172 (2025)
canonical_url: https://georgiacommons.org/code/34-9-172
md_url: https://georgiacommons.org/code/34-9-172.md
text_url: https://georgiacommons.org/code/34-9-172/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t34-(v26)-2017-pdf.pdf?sfvrsn=ba91129b_0#page=770
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/34-9.md
previous: https://georgiacommons.org/code/34-9-171.md
next: https://georgiacommons.org/code/34-9-173.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: LABOR AND INDUSTRIAL RELATIONS / WORKERS’ COMPENSATION / GROUP SELF-INSURANCE FUNDS
---

# O.C.G.A. § 34-9-172. Examinations by Commissioner to verify solvency of funds.

(a) The Commissioner shall have the authority to require and conduct periodic examinations to verify the solvency of funds in the same manner and under the same conditions as insurers are examined under Chapter 2 of Title 33, except that each fund shall be examined at least once each five years. The Commissioner shall have the authority to require information to substantiate that the sponsoring association is engaged in substantial activity for the benefit of its members in accordance with the definitions of Code Section 34-9-151, but that authority is not to be construed as the right to regulate or inspect that association or its members.

(b) The Commissioner is authorized to contract with private examiners to conduct examinations pursuant to subsection (a) of this Code section. If employees of the department conduct the examinations, the fund being examined shall pay to the department the reasonable expense of conducting the examination. If contract examiners conduct the examination, the fund being examined shall, at the discretion of the Commissioner, pay the costs so incurred either to the department or to the contracting party. The Commissioner may use appropriated funds to conduct the examinations and shall provide by regulation for matters relative to the conduct of such examinations, including, without limitation, the expenditure of available funds for that purpose.

## History

Code 1933, § 114-628a, enacted by Ga. L. 1980, p. 1686, § 1; Ga. L. 1981, p. 1759, § 1; Ga. L. 1995, p. 1201, § 15; Ga. L. 1998, p. 267, § 1.

## Law Reviews

For review of 1998 legislation relating to labor and industrial relations, see 15 Ga. St. U.L. Rev. 181 (1998).