33-17-21. Standards for determination by Commissioner of financial condition of insurer.

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.

In determining the financial condition of a reciprocal insurer, the Commissioner shall apply the following rules:
(1)
He shall charge as liabilities the same reserves as are required of incorporated insurers issuing nonassessable policies on a reserve basis;#
(2)
The surplus deposits of subscribers shall be allowed as assets, except that any premium deposits delinquent for 90 days shall first be charged against such surplus deposit;#
(3)
The surplus deposits of subscribers shall not be charged as a liability;#
(4)
All premium deposits delinquent less than 90 days shall be allowed as assets;#
(5)
An assessment levied upon subscribers and not collected shall not be allowed as an asset;#
(6)
The contingent liability of subscribers shall not be allowed as an asset; and#
(7)
The computation of reserves shall be based upon premium deposits other than membership fees without any deduction for expenses and the compensation of the attorney.#

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.

Code 1933, § 56-2118, enacted by Ga. L. 1960, p. 289, § 1.

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 777; acción de fusión: carried; SHA-256 del archivo 4ecec175d949.