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Reserved. Repealed by Ga. L. 2019, p. 533, § 1-1/HB 99, effective July 1, 2019.

Editor's notes.

- This Code section was based on Code 1981, § 33-40-21, enacted by Ga. L. 1987, p. 875, § 1.

CHAPTER 41 CAPTIVE INSURANCE COMPANIES Article 1 General Provisions.
  • 33-41-1. Short title.
  • 33-41-2. Definitions.
  • 33-41-3. Permissible business; limitations.
  • 33-41-4. Prerequisites to transacting insurance.
  • 33-41-5. Incorporation.
  • 33-41-6. Name.
  • 33-41-7. Directors or managers.
  • 33-41-8. Amount of capital or surplus.
  • 33-41-9. Letters of credit.
  • 33-41-10. Application for and issuance of certificate of authority.
  • 33-41-11. Refusal, suspension, or nonrenewal of certificate; expiration, renewal, amendment.
  • 33-41-12. Assets.
  • 33-41-13. Reserves.
  • 33-41-14. Reinsurance.
  • 33-41-15. Reports.
  • 33-41-16. Examination by Commissioner or agent; confidentiality.
  • 33-41-17. Fines.
  • 33-41-18. Investments.
  • 33-41-19. Rates, underwriting rules, and policy forms.
  • 33-41-20. Exclusion from insolvency funds; participation in FAIR plan or joint underwriting association; assessment for payments to Subsequent Injury Trust Fund.
  • 33-41-20.1. Membership of captive insurance companies in Georgia Insurers Insolvency Pool.
  • 33-41-21. Rehabilitation, reorganization, conservation, and liquidation.
  • 33-41-22. Taxation.
  • 33-41-23. Certificate of dormancy.
  • 33-41-24. Rule making authority.
  • 33-41-25. Regulatory authority.
  • 33-41-26. Inconsistent provisions not applicable to captive insurance companies.
Article 2 Sponsored Captive Insurance Companies.
  • 33-41-100. Application.
  • 33-41-101. Definitions.
  • 33-41-102. Protected cells; prior written approval; annual filing of financial reports; notification upon insolvency.
  • 33-41-103. Incorporated protected cells; legal entity status; requirements for formation; naming; rights and authority.
  • 33-41-104. Accounting and financial matters of incorporated protected cells.
  • 33-41-105. Commingling of assets prohibited; separation of cells.
  • 33-41-106. Application of Code Section 33-41-16 to sponsored captive insurance companies.
Code Commission notes.

- Two 1988 Acts added a new Chapter 41 to this title. Pursuant to Code Section 28-9-5, the chapter enacted by Ga. L. 1988, p. 966 has retained the Chapter 41 designation, but the chapter enacted by Ga. L. 1988, p. 1541 has been redesignated as Chapter 42 and the Code sections have been renumbered accordingly.

Administrative Rules and Regulations.

- Captive Insurance Companies, Official Compilation of the Rules and Regulations of the State of Georgia, Comptroller General, Commissioner of Insurance, Subject 120-2-45.

Law reviews.

- For article, "Why Captives, Lord, What Have They Ever Done?: The Georgia Captive Insurance Company Act," see 26 Ga. St. B.J. 119 (1990).

ARTICLE 1 GENERAL PROVISIONS

Editor's notes.

- Ga. L. 2019, p. 533, § 2-1/HB 99, effective July 1, 2019, designated Code Sections 33-41-1 through 33-41-26 as Article 1.


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