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Georgia Commons

Código Oficial de Georgia Anotado

Título 10. COMMERCE AND TRADE · Capítulo 6B. GEORGIA POWER OF ATTORNEY · Artículo 2. AUTHORITY OF AGENT

10-6B-49. Insurance and annuities.

Vigente

Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.

El texto siguiente es la ley tal como la imprime el estado, en inglés.

  1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to insurance and annuities shall authorize the agent to:

  2. (1)

    Continue, pay the premium or make a contribution on, modify, exchange, rescind, release, or terminate a contract procured by or on behalf of the principal which insures or provides an annuity to either the principal or another person, whether or not the principal is a beneficiary under the contract;#

  3. (2)

    Procure new, different, and additional contracts of insurance and annuities for the principal and the principal’s spouse, children, and other dependents, and select the amount, type of insurance or annuity, and mode of payment;#

  4. (3)

    Pay the premium or make a contribution on, modify, exchange, rescind, release, or terminate a contract of insurance or annuity procured by the agent;#

  5. (4)

    Apply for and receive a loan secured by a contract of insurance or annuity;#

  6. (5)

    Surrender and receive the cash surrender value on a contract of insurance or annuity;#

  7. (6)

    Exercise an election;#

  8. (7)

    Exercise investment powers available under a contract of insurance or annuity;#

  9. (8)

    Change the manner of paying premiums on a contract of insurance or annuity;#

  10. (9)

    Change or convert the type of insurance or annuity with respect to which the principal has or claims to have authority described in this Code section;#

  11. (10)

    Apply for and procure a benefit or assistance under a law or regulation to guarantee or pay premiums of a contract of insurance on the life of the principal;#

  12. (11)

    Collect, sell, assign, hypothecate, borrow against, or pledge the interest of the principal in a contract of insurance or annuity;#

  13. (12)

    Select the form and timing of the payment of proceeds from a contract of insurance or annuity; and#

  14. (13)

    Pay, from proceeds or otherwise, compromise or contest, and apply for refunds in connection with, a tax or assessment levied by a taxing authority with respect to a contract of insurance or annuity or its proceeds or liability accruing by reason of such tax or assessment.#

Las notas siguientes se imprimen con la sección, pero no son ley promulgada (O.C.G.A. § 1-1-1(c)). Se muestran aparte del texto.

History

Code 1981, § 10-6B-49, enacted by Ga. L. 2017, p. 435, § 2-1/HB 221.

Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).

Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.

Texto leído de t10-(v8)-2024-pdf.pdf, Volumen V8, edición 2024, páginas 1114 a 1116; acción de fusión: carried; SHA-256 del archivo 7afbade16da7.