There shall be no liability on the part of, and no cause of action of any nature shall arise against, any member insurer, the pool or its agents or employees, the board of trustees, or any person serving as a representative of any member of the board of trustees for any action taken or any failure to act by them in the performance of their powers and duties under this chapter.
History. Code 1981, § 33-36-16.1 , enacted by Ga. L. 2005, p. 563, § 23/HB 407.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 2005, a comma was inserted following “arise against” near the beginning of this Code section.
Editor’s notes.
Ga. L. 2005, p. 563, § 24/HB 407, not codified by the General Assembly, provides that this Code section shall apply to insolvencies which occur on or after July 1, 2005.
Ga. L. 2006, p. 887, § 1/HB 1444, not codified by the General Assembly, amended Ga. L. 2005, p. 563, § 24/HB 407, to read: “The provisions of Section 12 of this Act shall apply to insolvencies that occur on or after the effective date of this Act. All other provisions shall apply as of the effective date of this Act.” Ga. L. 2005, p. 563, became effective July 1, 2005.
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