Georgia Code
Chapter 12 - Administration of Deposits
§ 33-12-9. Requirement of Application and Order for Release of Deposits; Liability of Commissioner for Release

No release of deposited funds shall be made except upon application to and the written order of the Commissioner. The Commissioner shall have no liability for any release of any deposit or part of a deposit so made by him in good faith.
History. Ga. L. 1916, p. 129, § 2; Code 1933, § 56-1113; Code 1933, § 56-1109, enacted by Ga. L. 1960, p. 289, § 1.

Structure Georgia Code

Georgia Code

Title 33 - Insurance

Chapter 12 - Administration of Deposits

§ 33-12-1. Persons With Whom Required Deposit to Be Made; Acceptance and Holding in Trust of Deposits Generally

§ 33-12-2. Purposes for Which Deposits to Be Held

§ 33-12-3. Assets Deemed Eligible for Deposit

§ 33-12-4. Designation of State Depositories; Responsibility for Safekeeping of Deposits; Acceptance of Book-Entry Securities as Securities

§ 33-12-5. Rights of Insurers as to Recovery, Exchange, and Inspection of Deposits Generally

§ 33-12-6. Deposit of Securities in Amounts Exceeding Required or Permitted Deposit

§ 33-12-7. Procedure Upon Occurrence of Deficiencies in Deposits of Insurers Generally

§ 33-12-8. Release of Deposits Generally

§ 33-12-9. Requirement of Application and Order for Release of Deposits; Liability of Commissioner for Release

§ 33-12-10. Levy Upon Deposits by Claimants

§ 33-12-11. Retention of Amount to Pay Judgment in Event of Occurrence of Loss by Insured; Application for Appointment of Receiver

§ 33-12-12. Proceedings Upon Appointment of Receiver Generally

§ 33-12-13. Proceedings Upon Appointment of Receivers for Satisfaction of Multiple Claims

§ 33-12-14. Proceeding by Commissioner Upon Reduction in Amount of Deposit Resulting From Occurrence or Loss by Insured; Effect of Failure to Deposit Additional Securities

§ 33-12-15. Limitation Period for Settlement or Renewal of Claims Against Deposits of Insurers; Procedure Upon Settlement of Claims

§ 33-12-16. Effect of Order of General Receivership

§ 33-12-17. Withdrawal of Deposit