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History. Code 1933, § 56-1510, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1982, p. 3, § 33; Ga. L. 1984, p. 1080, § 3; Ga. L. 1985, p. 149, § 33; Ga. L. 1990, p. 1275, § 5; Ga. L. 1991, p. 94, § 33.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1991, “Max. Amt.” was substituted for “Max Amt.” in the heading for column (F) in the chart set forth in subsection (b), and “20” was substituted for “twenty” in division (I) of subsection (c).
Editor’s notes.
Ga. L. 1990, p. 1275, § 7, not codified by the General Assembly, provided that the 1990 amendment was effective for the purposes of application to new or newly admitted insurers on January 1, 1991, and effective for all purposes on July 1, 1992.
Structure Georgia Code
Chapter 14 - Domestic Stock and Mutual Insurers
Article 3 - Domestic Mutual Insurers
§ 33-14-62. Authorization of Transaction of Additional Kinds of Insurance
§ 33-14-68. Contingent Liability of Members
§ 33-14-72. Reinsurance of Risks
§ 33-14-73. Dividends Payable Only Out of Net Realized Savings and Earnings
§ 33-14-74. Liability of Directors for Declaration or Payment of Illegal Dividend
§ 33-14-75. Procedure for Merger or Consolidation
§ 33-14-76. Authorization and Procedure for Conversion of Mutual Insurer to Stock Insurer