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Georgia Commons

Código Oficial de Georgia Anotado

Título 33. INSURANCE · Capítulo 3. AUTHORIZATION AND GENERAL REQUIREMENTS FOR TRANSACTION OF INSURANCE

33-3-18. Administrative supervision or suspension of certificate of authority for cause.

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. The Commissioner may, without advance notice or a hearing thereon, place an insurer under administrative supervision or suspend immediately the certificate of authority of any insurer:

  2. (1)

    As to which proceedings for receivership, conservatorship, rehabilitation, or other delinquency proceedings have been commenced in any state by the public insurance supervisory official of such state;#

  3. (2)

    Whose authority to do business in any state has been revoked, suspended, or restricted in any way by the public insurance supervisory official of such state; or#

  4. (3)

    If upon examination or at any other time it appears in the Commissioner’s discretion that:#

    1. (A)

      The insurer’s condition renders the continuance of its business hazardous to the public or to its insureds;#

    2. (B)

      The insurer exceeded its powers granted under its certificate of authority and applicable law;#

    3. (C)

      The insurer has failed to comply with the applicable provisions of this title;#

    4. (D)

      The business of the insurer is being conducted fraudulently; or#

    5. (E)

      The insurer gives its consent.#

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 1933, § 56-317.2, enacted by Ga. L. 1969, p. 585, § 1; Ga. L. 1991, p. 1424, § 1; Ga. L. 1992, p. 2877, § 6.

Law reviews

For note on 1991 amendment of this Code section, see 8 Ga. St. U.L. Rev. 89 (1992).

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, páginas 121 a 122; acción de fusión: carried; SHA-256 del archivo 4ecec175d949.