Title 33

Whenever a premium finance company executes a premium finance agreement relative to a personal or family-type policy of insurance, it shall deliver to the insured or send by electronic means or mail to the insured at his or her address shown in the agreement a copy of the agreement…

(a) When a premium finance agreement contains a power of attorney enabling the premium finance company to cancel any insurance contract or contracts listed in the agreement, the insurance contract or contracts shall not be canceled by the premium finance company unless the cancellat…

(a) Whenever an insurance policy is canceled and the premiums have been paid by an insurance premium finance company on behalf of the insured, if the insurer has been notified of the existence of the insurance premium finance agreement as required in Code Section 33-22-12, the insur…

Any use or transmission of electronic records or electronic signatures for purposes of this chapter shall be subject to the provisions of Chapter 12 of Title 10, the ‘‘Uniform Electronic Transactions Act.’’ History. — Code 1981, § 33-22-14.1, enacted by Ga. L. 2002, p. 1192, § 9;…

The Commissioner may make and enforce such reasonable rules and regulations as may be necessary in making effective this chapter, but the rules and regulations shall not be contrary to nor inconsistent with this chapter. History. — Ga. L. 1969, p. 561, § 8.

This chapter shall not apply with respect to: (1) Any insurance company authorized to do business in this state; (2) Any bank, trust company, savings and loan association, credit union, or other lending institution authorized to transact business in this state that does not posse…

As used in this chapter, the term: (1) ‘‘Insurance premium finance agreement’’ means an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent…

Insurance rating organizations, §§33-9-12 to 33-9-15. Legal insurance. Prepaid legal services plans, §§33-35-4 to 33-35-7. Life settlements act. Authority under license, §33-59-3. Continuing training, §33-59-3. INDEX LICENSES —Cont’d Life settlements act —Cont’d Denial, revocatio…

(a) Upon the filing of an application and the payment of the license fee, the Commissioner shall make an investigation of each applicant and shall issue a license if he finds the applicant is qualified in accordance with this chapter. If the Commissioner does not so find, he shall wi…

No license shall be issued to any applicant for a license or renewal license under this chapter unless the applicant: (1) Shall possess and thereafter maintain a minimum balance of at least $5,000.00 in his capital account as shown in his annual report to the Commissioner; provid…

(a) The Commissioner may revoke or suspend the license of any premium finance company when and if after investigation the Commissioner finds that: (1) Any license issued to the company was obtained by fraud; (2) There was any misrepresentation in the application for the license; (3…

(a) Every licensee shall maintain records of its premium finance transactions and the said records shall be open to examination and investigation by the Commissioner. (b) Every licensee shall preserve its records of its premium finance transactions, including cards used in a card s…

(a) A premium finance agreement shall: (1) Be dated and signed by or on behalf of the insured, and the printed portion of the agreement shall be in approximately eight-point type and shall be readable by an individual with average eyesight; (2) Contain the name and place of busine…

(a) As used in this Code section, the term: (1) ‘‘Commercial insurance premium finance agreement’’ means any insurance premium finance agreement other than a consumer premium finance agreement. (2) ‘‘Consumer insurance premium finance agreement’’ means an insurance premium finance agr…