---
title: O.C.G.A. § 36-85-11. Fidelity bond and errors and omissions insurance; administrators to maintain office in state.
collection: code
id: 36-85-11
cite_as: O.C.G.A. § 36-85-11 (2025)
canonical_url: https://georgiacommons.org/code/36-85-11
md_url: https://georgiacommons.org/code/36-85-11.md
text_url: https://georgiacommons.org/code/36-85-11/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t36-ch60-92-(v27a)-2025-pdf.pdf?sfvrsn=1fad51cc_0#page=588
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/36-85.md
previous: https://georgiacommons.org/code/36-85-10.md
next: https://georgiacommons.org/code/36-85-12.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: LOCAL GOVERNMENT / Provisions Applicable to Counties, Municipal Corporations, and Other Governmental Entities / INTERLOCAL RISK MANAGEMENT AGENCIES
---

# O.C.G.A. § 36-85-11. Fidelity bond and errors and omissions insurance; administrators to maintain office in state.

(a) The Commissioner shall require each administrator to have and maintain a fidelity bond in an amount which the Commissioner deems appropriate but which is not less than $100,000.00.

(b) Errors and omissions coverage or other appropriate liability insurance in an amount which is not less than that specified by the rules and regulations of the Commissioner shall be maintained at all times by an administrator of a fund; and a certificate by the insurer or other appropriate evidence of such coverage shall be filed with the Commissioner by the fund.

(c) Each administrator shall maintain an office in this state for the payment, processing, and adjustment of the claims of the fund or funds which it represents.

## History

Code 1981, § 36-85-11, enacted by Ga. L. 1986, p. 1496, § 1.