Title 33 — Title 33
0 chapters · 1,218 sections in this title.
O.C.G.A. § 33-56-1 Definitions
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As used in this chapter, the term: (1) ‘‘Adjusted RBC report’’ means an RBC report which has been adjusted in accordance with subsection (e) of Code Section 33-56-2. (2) ‘‘Corrective order’’ means an order issued by the Commissioner specifying corrective actions which the Commiss…
O.C.G.A. § 33-56-10 Exemptions from provisions
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Certain domestic property and casualty insurance, §33-56-9. Health organizations, §33-56-9. Foreign companies, §33-56-10. Definition of foreign insurer, §33-56-1. Health organizations.
O.C.G.A. § 33-56-11 Immunity of Commissioner and department
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There shall be no liability on the part of, and no cause of action shall arise against, the Commissioner or the department or its employees or agents for any action taken by them in the performance of their powers and duties under this chapter. History. — Code 1981, § 33-56-11, e…
O.C.G.A. § 33-56-12 Severability
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Reserved. Repealed by Ga. L. 2019, p. 533, § 1-21/HB 99, effective July 1, 2019. Editor’s notes. — This Code section was based on Code 1981, § 33-56-12, enacted by Ga. L. 1996, p. 928, § 1. 33-56-13. Effective date of notices by Commissioner.
O.C.G.A. § 33-56-13 Effective date of notices by Commissioner
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All notices by the Commissioner to an insurer which may result in regulatory action under this chapter shall be effective upon dispatch if transmitted by registered or certified mail or statutory overnight delivery or, in the case of any other transmission, shall be effective upon…
O.C.G.A. § 33-56-2 Annual risk-based capital level report required; computations
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(a) Every domestic insurer shall, on or prior to each March 1, prepare and submit to the Commissioner a report of its RBC levels, as of the end of the previous calendar year, containing such information as is required by the RBC instructions. In addition, every domestic insurer s…
O.C.G.A. § 33-56-3 Foreign insurers, §33-56-10
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Regulatory action level event, §33-56-4. Regulatory action level events, §33-56-4. Foreign insurers.
O.C.G.A. § 33-56-4 Foreign insurers
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Procedure, §33-56-10. Reports. Annual report, §33-56-2. Definition of RBC report, §33-56-1. Foreign insurers, §33-56-10. Supplemental nature of provisions, §33-56-9. 1254 INDEX INSURANCE COMPANIES —Cont’d Risk retention groups, §§33-40-1 to 33-40-20. Authority to transact insuranc…
O.C.G.A. § 33-56-5 Authorized control level events; actions by Commissioner
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(a) For the purposes of this Code section, ‘‘authorized control level event’’ means any of the following events: (1) The filing of an RBC report by the insurer which indicates that the insurer’s total adjusted capital is greater than or equal to its mandatory control level RBC but…
O.C.G.A. § 33-56-6 Mandatory control level events; actions by Commissioner
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(a) For purposes of this Code section, ‘‘mandatory control level event’’ means any of the following events: (1) The filing of an RBC report which indicates that the insurer’s total adjusted capital is less than its mandatory control level RBC; (2) Notification by the Commissioner t…
O.C.G.A. § 33-56-8 Construction and interpretation
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Supplemental nature of provisions. Notice. Effective date of notices by commissioner, §33-56-13. Consultants. Commissioner may retain, §33-56-4. Corrective orders. Confidentiality, §33-56-8. Defined, §33-56-1. Definitions, §33-56-1. Authorized control level event, §33-56-5. Company …