The Commissioner shall have the authority to require and conduct periodic examinations to verify the solvency of funds in the same manner and under the same conditions as insurers are examined under Chapter 2 of Title 33.
History. Code 1981, § 20-2-2014 , enacted by Ga. L. 1986, p. 1172, § 1.
Structure Georgia Code
Chapter 2 - Elementary and Secondary Education
Article 29 - Interlocal Risk Management Agency
§ 20-2-2002. Establishment; Membership
§ 20-2-2003. Board of Trustees
§ 20-2-2004. Agency Is Not an Insurer
§ 20-2-2005. Certificate of Authority
§ 20-2-2006. Issuance, Renewal, or Revocation of Certificate
§ 20-2-2007. Minimum Surplus Required
§ 20-2-2009. Joint and Several Liability of Fund Members
§ 20-2-2011. Bond, Liability Insurance, and Claim Office of Administrator
§ 20-2-2014. Examination of Funds by Commissioner
§ 20-2-2015. Fund Insufficient to Discharge Obligations; Liquidation
§ 20-2-2016. Rules and Regulations
§ 20-2-2017. Remedies of Aggrieved Parties
§ 20-2-2018. Excess Loss Funding Program; Condition for Certificate of Authority