The Commissioner in his sole discretion may institute proceedings under Code Sections 33-37-9 and 33-37-10 at the request of the commissioner or other appropriate insurance official of the domiciliary state of any foreign or alien insurer having property located in this state.
History. Code 1981, § 33-37-53 , enacted by Ga. L. 1991, p. 1424, § 7.
Structure Georgia Code
Chapter 37 - Insurers Rehabilitation and Liquidation
Article 4 - Liquidation Proceedings
§ 33-37-49. Commissioner Appointed as Conservator of Alien or Foreign Insurer’s Property; Grounds
§ 33-37-50. Commissioner Appointed as Liquidator of Foreign or Alien Insurer’s Assets; Grounds
§ 33-37-51. Title to Property of Insurer Domiciled in Another State; Rights of Resident Claimants
§ 33-37-52. Commissioner as Ancillary Receiver for Insurer Not Domiciled in This State
§ 33-37-54. Rights of Nonresident Claimants in Proceeding Against Domiciliary Insurer
§ 33-37-56. Stay of Proceedings During Pendency of Liquidation Proceeding
§ 33-37-58. Failure of Ancillary Receiver to Transfer Assets