Any contract of insurance issued by a person prohibited by this chapter from so issuing it shall not be rendered unenforceable by reason of the violation of this chapter, but all persons knowingly participating in the violation shall be subject to the provisions of Chapter 2 of this title.
(Code 1981, §33-23-40, enacted by Ga. L. 1992, p. 2830, § 1; Ga. L. 1999, p. 878, § 11; Ga. L. 2001, p. 925, § 1; Ga. L. 2019, p. 386, § 17/SB 133.)
The 2019 amendment, effective July 1, 2019, revised punctuation in the middle, and substituted "subject to the provisions of Chapter 2 of this title" for "guilty of a misdemeanor" at the end.