Group Self-Insurance Funds

  1. Law
  2. Georgia Code
  3. Labor and Industrial Relations
  4. Workers' Compensation
  5. Group Self-Insurance Funds

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Section
34-9-150

Purpose of Article

Section
34-9-151

Definitions

Section
34-9-151.1

Eligibility for Establishing a Fund

Section
34-9-151.2

Filing of Intent to Form Fund; Notice of Intent to Refuse to Issue Certificate of Authority

Section
34-9-152

Application to Commissioner for Certificate of Authority to Create Fund; Contents of Application; Filing Fee; Membership of Fund

Section
34-9-153

Issuance of Certificate of Authority; Grounds for Denial or Revocation; Annual Renewal Fee

Section
34-9-154

Compliance With Workers' Compensation Obligations by Participation in Fund

Section
34-9-155

License Required for Solicitation of Membership or Participation in Fund; Procedure for Admission of New Members; Underwriting Criteria

Section
34-9-156

Voluntary Termination of Members; Grounds and Procedure for Involuntary Termination of Membership; Effect of Voluntary or Involuntary Termination on Obligations

Section
34-9-157

Boards of Trustees - Appointment of Members

Section
34-9-158

Boards of Trustees - Powers

Section
34-9-159

Annual Reports of Affairs and Operations of Funds; Additional Periodic Reports; Verification of Reports; Compliance Condition for Renewal of Certificates

Section
34-9-160

Method of Determining Financial Condition and Solvency of a Fund and Financial Capacity of Fund to Pay Obligations

Section
34-9-161

Securities Deposit; Excess Loss Funding Program

Section
34-9-162

Maintenance of Surplus and Expendable Surplus; Waiver of Surplus Requirements; Return of Surplus to Members of Fund

Section
34-9-163

Investment of Assets; Maintenance of Loss Reserves

Section
34-9-164

Payment of Operating Expenses by Members of Fund; Liability of Members; Payment by Funds of Expenses of State Board of Workers' Compensation; Legal Capacity of Funds

Section
34-9-165

Requirements as to Contracts Between Funds and Administrators Not Employed by Funds

Section
34-9-166

Fiduciary Responsibilities of Trustees, Officers, or Administrators of Moneys

Section
34-9-167

Bond, Liability Insurance, and Resident Office of Administrator

Section
34-9-168

Grounds and Procedure for Restraining Transaction of Business by Fund or Administrator; Appointment of Receivers; Criminal Prosecution

Section
34-9-169

Revocation and Suspension of Certificates of Authority; Probation and Fine; Voluntary Dissolution or Termination of Functions

Section
34-9-170

Taxes - Imposition; Deductions, Reductions, Abatements, and Credits

Section
34-9-171

Tax Exemption

Section
34-9-172

Examinations by Commissioner to Verify Solvency of Funds

Section
34-9-173

Remedy of Deficiencies in Surplus or Reserve; Initiation of Insolvency Proceedings; Assessments Upon Liquidation

Section
34-9-174

Promulgation of Rules and Regulations

Section
34-9-175

Hearings or Other Proceedings for Aggrieved Parties

Section
34-9-176

Service of Process; Venue of Actions

Section
34-9-177

Funds Not to Be Deemed Insurers

Section
34-9-178

Construction of Article

Section
34-9-179

Application of Chapter 6 of Title 33 to Funds; Enforcement by Commissioner

Section
34-9-180

Officials of Funds Prohibited From Having Pecuniary Interests in Transactions; Exceptions

Section
34-9-181

Administrative Fines, Probation, or Additional Penalties

Section
34-9-182

Deadline for Compliance