Georgia Code
Chapter 38 - Georgia Life and Health Insurance Guaranty Association
§ 33-38-15. Assessments Against Member Insurers

History. Code 1933, § 56-2207, enacted by Ga. L. 1981, p. 1336, § 1; Ga. L. 1982, p. 3, § 33; Ga. L. 1988, p. 1900, § 5; Ga. L. 1990, p. 1367, § 1; Ga. L. 2012, p. 701, § 1/HB 786; Ga. L. 2020, p. 113, § 9/HB 1050.
The 2020 amendment, effective July 1, 2020, in paragraph (c)(1), deleted the former third sentence which read: “An assessment for costs and expenses other than for examinations which is made on a non-pro rata basis shall not exceed $300.00 per company in any one calendar year.”, in the present third sentence, inserted “except for assessments related to long term care insurance,” and substituted “between the accounts and among the” for “among the accounts or”, and added the last two sentences; inserted “member” in paragraph (c)(2), paragraph (e)(1), subsection (f), and twice in subsection (h); inserted “health maintenance organization business or health care corporation business” in subsection (g); in paragraph (i)(5), substituted “insurer” for “company” in the first sentence and inserted “insurer” in the second sentence; and inserted a comma in subsection (j).
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1990, “preceding” was substituted for “preceeding” in the first sentence of paragraph (e)(2) to correct a misspelling.

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