Georgia Code
Article 1 - Agents, Agencies, Subagents, Counselors, and Adjusters
§ 33-23-43.6. Funds Held in Fiduciary Capacity; Authorization for Disclosure

History. Code 1981, § 33-23-43.6 , enacted by Ga. L. 2021, p. 365, § 4/HB 254.
Effective date. —
This Code section became effective July 1, 2021.

Structure Georgia Code

Georgia Code

Title 33 - Insurance

Chapter 23 - Licensing

Article 1 - Agents, Agencies, Subagents, Counselors, and Adjusters

§ 33-23-1. Definitions

§ 33-23-1.1. Counselor’s Additional Ancillary Services Considered a Separate Transaction

§ 33-23-3. Agency Licensing and Biennial Renewals; Ownership Restrictions

§ 33-23-4. License Required; Restrictions on Payment or Receipt of Commissions; Positions Indirectly Related to Sale, Solicitation, or Negotiation of Insurance Excluded From Licensing Requirements

§ 33-23-5. Qualifications and Requirements for License

§ 33-23-5.1. Conviction Data

§ 33-23-6. Bond Requirements for Applicants for Adjuster’s License

§ 33-23-7. Bond Requirement for Applicants for Counselor’s License

§ 33-23-8. Form and Contents of License Application; Fees

§ 33-23-9. Study Materials for Applicants

§ 33-23-10. Examination of Applicants

§ 33-23-11. Issuance and Contents of License; Display Certificate of Licensure

§ 33-23-12. Limited Licenses

§ 33-23-13. Temporary Licenses

§ 33-23-14. Probationary Licenses

§ 33-23-15. Additional Licenses

§ 33-23-16. Licensing of Nonresidents

§ 33-23-17. Registration of Nonresident Representatives to Represent Life Insurers in Military Installations in Foreign Countries

§ 33-23-18. Issuance of License on Biennial Basis; Filing for Renewal; Continuing Education Requirements

§ 33-23-19. Placing of License on Inactive Status; Subsequent Revocation

§ 33-23-20. Effect of License Suspension or Placement of License on Inactive Status

§ 33-23-21. Grounds for Refusal, Suspension, or Revocation of License

§ 33-23-21.1. Licensing for Educational Borrowers in Default

§ 33-23-22. Notice of Suspension or Revocation of License; Hearing; Appeals

§ 33-23-23. Limitation on Application After Refusal or Revocation of License; Effect of Surrender of License Under Written Consent Order

§ 33-23-24. Permits and Licenses Not Transferable

§ 33-23-25. Place of Business

§ 33-23-26. Agent’s Certificate of Authority

§ 33-23-27. Subagent’s Certificate of Authority

§ 33-23-28. Scope of Subagent’s Authority; Record of Transactions

§ 33-23-29. Authority of Agent to Act as Adjuster; Nonresident Adjusters; Reciprocal Agreements

§ 33-23-29.1. Licensing of Nonresident Counselors

§ 33-23-30. Restrictions on Signing by Agents

§ 33-23-31. Risk Situs; Service on Nonresidents; Venue of Action

§ 33-23-32. Countersigning by Resident Agents Not Required Generally; Exceptions; Commissions

§ 33-23-33. Duty of Licensees to Provide Current Information of Names and Addresses

§ 33-23-34. Records of Transactions

§ 33-23-35. Reporting and Disposition of Premiums

§ 33-23-36. Inquiry Into Illegal or Improper Conduct

§ 33-23-37. Licensing of Surplus Lines Broker; Application; Bond; Written Examination

§ 33-23-38. Placing Insurance Beyond Scope of License or With Nonlicensed Insurers Prohibited; Restrictions on Sharing Commissions; Penalty for Violation

§ 33-23-39. Placing of Insurance Through Unlicensed Agent Prohibited; Exception Relating to Construction Project Bid Bonds

§ 33-23-40. Contracts Issued by Unauthorized Persons Not Rendered Unenforceable

§ 33-23-41. Liability and Penalties for Unauthorized Acts

§ 33-23-42. Performing Acts for Unauthorized Insurer

§ 33-23-43. Authority of Adjusters; Penalty for Violation

§ 33-23-43.1. Representing Oneself as Public Adjuster; When License Not Required

§ 33-23-43.2. Requirements for Public Adjuster Contracts

§ 33-23-43.3. Compensation of Adjusters; Criteria for Written Endorsement of Payment

§ 33-23-43.4. Proof of Financial Responsibility

§ 33-23-43.5. Complete Record of Transactions; Retention and Examination

§ 33-23-43.6. Funds Held in Fiduciary Capacity; Authorization for Disclosure

§ 33-23-43.7. Advertisements; Deceptive or Misleading Ads; Required Disclaimer

§ 33-23-43.8. Prohibited Acts of Adjusters

§ 33-23-43.9. Standard of Conduct for Public Adjusters

§ 33-23-43.10. Denial, Suspension, or Revocation of License; Notice and Hearing

§ 33-23-44. Rules and Regulations

§ 33-23-46. Compensation of Licensed Counselors; Disclosure; Exceptions