The Commissioner shall bring an action for and recover, on behalf of the pool, any assessment not paid when due. He may, after notice and hearing, revoke the certificate of authority to transact business in this state of an insurer who is a member of the pool which fails to pay an assessment when due as provided in this chapter and after demand having been made or which otherwise fails to comply with the plan as approved pursuant to Code Section 33-36-6. Any action taken by the Commissioner shall be subject to judicial review as provided in Code Sections 33-2-26 through 33-2-28.
History. Ga. L. 1970, p. 700, § 12.
Structure Georgia Code
Chapter 36 - Georgia Insurers Insolvency Pool
§ 33-36-2. Creation; Accounts; Responsibility; Supervision and Regulation
§ 33-36-4. Insurers Solvency Board
§ 33-36-5. Insurers Required to Become Members of Pool
§ 33-36-7. Levy of Assessments Against Insurers; Reimbursement of Expenses; Refunds of Assessments
§ 33-36-12. Powers and Duties of Commissioner as to Collection of Assessments; Judicial Review
§ 33-36-14.1. Recommendations and Report by the Board of Trustees
§ 33-36-15. Examination of Pool
§ 33-36-16. Exemption From Taxation of Pool
§ 33-36-16.1. Immunity From Liability for Performance of Powers and Duties Under This Chapter
§ 33-36-18. Appeal to Commissioner; Judicial Review
§ 33-36-19. Advertisements, Announcements, or Statements Using Insolvency Pool for Purpose of Sales