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73 chapters · 1,492 sections in this title.
O.C.G.A. § 33-63-1 Legislative findings
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The General Assembly finds that guaranteed asset protection waivers are not insurance. All guaranteed asset protection waivers issued on or after the date of enactment of this chapter shall not be construed as insurance. History. — Code 1981, § 33-63-1, enacted by Ga. L. 2008, p. …
O.C.G.A. § 33-63-2 Purpose; exemptions from applicability of chapter; guaranteed asset protection waivers exempt from state’s insurance laws
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(a) The purpose of this chapter is to provide a framework within which guaranteed asset protection waivers are defined and may be offered within this state. (b) This chapter shall not apply to: (1) An insurance policy offered by an insurer under the insurance laws of this state; o…
O.C.G.A. § 33-63-3 Definitions
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The following terms are defined for purposes of this chapter and are not intended to provide actual terms required in guaranteed asset protection waivers: (1) ‘‘Administrator’’ means a person, other than an insurer or creditor, that performs administrative or operational functions…
O.C.G.A. § 33-63-4 Offering, selling, or providing to borrowers guaranteed asset protection waivers
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(a) Guaranteed asset protection waivers may be offered, sold, or provided to borrowers in this state in compliance with this chapter. (b) Guaranteed asset protection waivers may, at the option of the creditor, be sold for a single payment or may be offered with a monthly or perio…