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73 chapters · 1,492 sections in this title.
O.C.G.A. § 33-12-1 Persons with whom required deposit to be made; acceptance and holding in trust of deposits generally
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(a) Deposits required or permitted by law to be made by domestic life insurers and all other insurers shall be made with the Commissioner or with some strong corporation approved by the Commissioner. (b) The Commissioner shall accept and hold in trust deposits of securities or fu…
O.C.G.A. § 33-12-10 Levy upon deposits by claimants
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No judgment creditor or other claimant of an insurer shall levy upon any deposit held pursuant to this title or upon any part of a deposit, except that such levy may be permitted if so specified in the Commis572 sioner’s order requiring the deposit pursuant to the retaliatory prov…
O.C.G.A. § 33-12-11 Retention of amount to pay judgment in event of occurrence of loss by insured; application for appointment of receiver
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Whenever any loss insured against shall occur, the insured or other person entitled to the proceeds of the policy, by judgment or otherwise, in order to secure his recovery, may give notice to the Commissioner of the occurrence of said loss and of the amount claimed, after which …
O.C.G.A. § 33-12-12 Proceedings upon appointment of receiver generally
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The Commissioner in his capacity as receiver shall apply to the judge of the superior court for an order of sale and in pursuance of said order shall sell said securities. After deducting any expenses as shall be allowed by the court, he shall pay over to the plaintiff or his att…