Título 33. INSURANCE · Capítulo 33. FAIR ACCESS TO INSURANCE REQUIREMENTS
33-33-3. Requirement of participation in plan by property insurers.
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.
- (a)
Each insurer authorized to write and writing property insurance in this state shall be required to become and remain a member of the plan and the underwriting association and to comply with the requirements of the plan and the underwriting association as a condition of its authority to transact property insurance business.#
- (b)
Each insurer shall participate in the writings, expenses, profits, and losses of the association in the following manner:#
- (1)
For habitational risks, the same proportion as its habitational premiums written bear to the aggregate habitational premiums written by all insurers in the program; and#
- (2)
For commercial risks, the same proportion as its commercial premiums written bear to the aggregate commercial premiums written by all insurers in the program.#
History
Ga. L. 1970, p. 282, § 2; Ga. L. 1975, p. 22, § 2; Ga. L. 1995, p. 629, § 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-ch23-65-(v25)-2020-pdf.pdf, Volumen V25, edición 2020, página 632; acción de fusión: carried; SHA-256 del archivo 1cdfeaa4b73e.