§ 33-61-1. Definitions
As used in this chapter, the term: “Automobile club” or “club” means any person, who in consideration of fees, dues, periodic payments, or other specifically stated charges, promises its members to provide automobile club services. “Automobile club services” shall include, but not be limited to, the assumption of or reimbursement of the expense or a […]
§ 33-59-10. Lender-Financed Premiums Using Policy as Collateral; Disclosures and Certifications
In addition to other questions an insurance carrier may lawfully pose to a life insurance applicant, insurance carriers may inquire in the application for insurance whether the proposed owner intends to pay premiums with the assistance of financing from a lender that will use the policy as collateral to support the financing. If, as described […]
§ 33-61-2. Automobile Club Performing Services
An automobile club performing services as defined in this chapter shall not be subject to any laws respecting insurance companies of any class, kind, or character in this state or regulation under such laws because of performance of those services. History. Code 1981, § 33-61-2 , enacted by Ga. L. 2006, p. 331, § 1/HB […]
§ 33-59-11. Required Documents and Information; Confidentiality; Seller’s Right to Rescind; Escrow Proceedings; Failure to Tender Consideration; Limitation on Contracts With the Insured for the Purpose of Determining the Insured’s Health Status
A provider entering into a life settlement contract, wherein the insured is terminally or chronically ill, shall first obtain: If the owner is the insured, a written statement from a licensed attending physician that the owner is of sound mind and under no constraint or undue influence to enter into a settlement contract; and A […]
§ 33-62-1. Short Title
This chapter shall be known and may be cited as the “Property and Casualty Actuarial Opinion Law.” History. Code 1981, § 33-62-1 , enacted by Ga. L. 2008, p. 1090, § 4/SB 471.
§ 33-58-2. Qualified Charitable Gift Annuities
The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state. A charitable gift annuity issued before July 1, 2000, is a qualified charitable gift annuity for purposes of this chapter, and the issuance of that charitable gift annuity does not constitute engaging in the business […]
§ 33-58-3. Agreement for Annuity; Notice
When entering into an agreement for a qualified charitable gift annuity, the charitable organization shall disclose to the donor in writing in the annuity agreement that a qualified charitable gift annuity is not insurance under the laws of this state and is not subject to regulation by the Commissioner of Insurance or protected by an […]
§ 33-58-4. Notice of Annuity to Commissioner
A charitable organization that issues qualified charitable gift annuities shall notify the Commissioner in writing by the date on which it enters into the organization’s first qualified charitable gift annuity agreement. The notice shall: Be signed by an officer or director of the organization; Identify the organization; and Certify that: The organization is a charitable […]
§ 33-58-5. Failure to Comply With Notice
The failure of a charitable organization to comply with the notice requirements imposed under Code Section 33-58-3 or Code Section 33-58-4 does not prevent a charitable gift annuity that otherwise meets the requirements of this chapter from constituting a qualified charitable gift annuity. The Commissioner may enforce performance of the requirements of Code Section 33-58-3 […]
§ 33-58-6. Issuance Not Violation of Title 10
The issuance of a qualified charitable gift annuity does not constitute a violation of Article 15 of Chapter 1 of Title 10. History. Code 1981, § 33-58-6 , enacted by Ga. L. 2000, p. 868, § 1.