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Georgia Commons

Código Oficial de Georgia Anotado

Título 33. INSURANCE · Capítulo 14. DOMESTIC STOCK AND MUTUAL INSURERS · Artículo 5. LIMITED PURPOSE SUBSIDIARY INSURANCE COMPANIES

33-14-102. Approval of operation plan and certificate of authority requirements; certain disclosure requirements; examination by Commissioner.

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. (a)

    Before assuming risk under a reinsurance agreement, a limited purpose subsidiary must:#

    1. (1)

      Obtain from the Commissioner approval of the limited purpose subsidiary’s plan of operation; and#

    2. (2)

      Be granted a certificate of authority to engage in the business of reinsurance in Georgia.#

  2. (b)

    A limited purpose subsidiary shall produce or disclose in its plan of operation, amendments, and records, books, documents, reports, and other information that the Commissioner requires the limited purpose subsidiary to produce or disclose under:#

    1. (1)

      This article;#

    2. (2)

      Rules adopted pursuant to this article; or#

    3. (3)

      An order pursuant to an examination performed in accordance with the provisions of Chapter 2 of this title.#

  3. (c)

    The Commissioner shall examine domestic limited purpose subsidiaries pursuant to Code Section 33-2-11.#

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, § 33-14-102, enacted by Ga. L. 2011, p. 446, § 1/HB 341.

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 t33-ch1-22-(v24)-2020-pdf.pdf, Volumen V24, edición 2020, página 706; acción de fusión: carried; SHA-256 del archivo 4ecec175d949.