A mutual insurance holding company resulting from the reorganization of a domestic mutual insurer and the reorganized stock insurer shall be incorporated and governed pursuant to Chapter 14 of this title and subject to Chapter 13 of this title. This requirement shall supersede any conflicting provisions of Chapter 2 of Title 14. The articles of incorporation and any amendments to such articles of the mutual insurance holding company shall be subject to approval of the Commissioner in the same manner as those of an insurer. An intermediate stock holding company shall be incorporated and governed pursuant to Chapter 2 of Title 14.
History. Code 1981, § 33-13A-5 , enacted by Ga. L. 2015, p. 846, § 3/HB 185.
Structure Georgia Code
Chapter 13A - Mutual Insurance Holding Companies
§ 33-13A-3. Reorganization Plans
§ 33-13A-4. Procedure for Reorganization
§ 33-13A-5. Incorporation of Reorganized Insurer
§ 33-13A-6. Required Compliance; Treatment of Assets
§ 33-13A-7. Application of Other Statutory Provisions
§ 33-13A-8. Effect of Membership Interest
§ 33-13A-9. Offerings of Voting Stock; Duties of Commissioner
§ 33-13A-10. Policyholder Meetings
§ 33-13A-11. Treatment of Stock
§ 33-13A-12. Legislative Intent Regarding Impact on Taxation