The association shall be subject to examination and regulation by the Commissioner. Notwithstanding the foregoing, whether such examinations shall be conducted and the frequency of any such examination shall be at the sole discretion of the Commissioner. The board of directors shall submit to the Commissioner not later than May 1 of each year a financial report and a report of its activities for the preceding calendar year on forms approved by the Commissioner.
History. Code 1933, § 56-2212, enacted by Ga. L. 1981, p. 1336, § 1; Ga. L. 2012, p. 701, § 1/HB 786.
Structure Georgia Code
Chapter 38 - Georgia Life and Health Insurance Guaranty Association
§ 33-38-7. Powers and Duties of the Association Generally
§ 33-38-8. Submission of Plan of Operation; Contents; Compliance With Such Plan
§ 33-38-9. Delegation of Powers and Duties of the Association
§ 33-38-10. Duties and Powers of the Commissioner
§ 33-38-11. Records of Meetings and Negotiations of the Association
§ 33-38-12. Examination of the Association by the Commissioner; Annual Report
§ 33-38-13. Exemption of the Association From Taxation
§ 33-38-15. Assessments Against Member Insurers
§ 33-38-19. Notification as to Effect of Chapter
§ 33-38-20. Appeal to the Commissioner; Judicial Review
§ 33-38-21. References to the Association in Advertisements for Insurance
§ 33-38-22. Premium Tax Liability Offsets; Refunds Offset Against Taxes