A risk retention group not chartered in this state and doing business in this state must comply with a lawful order issued in a voluntary dissolution proceeding or in a delinquency proceeding commenced by a state insurance commissioner if there has been a finding of financial impairment after an examination under Code Section 33-40-7.
History. Code 1981, § 33-40-11 , enacted by Ga. L. 1987, p. 875, § 1.
Structure Georgia Code
Chapter 40 - Risk Retention Groups
§ 33-40-3. Risk Retention Groups Chartered in This State
§ 33-40-4. Risk Retention Groups Not Chartered in This State
§ 33-40-6. Unfair Trade Practices
§ 33-40-7. Financial Examination
§ 33-40-8. Notice Required in Policy
§ 33-40-10. Insurance Companies as Members
§ 33-40-11. Financially Impaired Nonresident Groups
§ 33-40-12. Georgia Insurers Insolvency Pool
§ 33-40-14. Federal Purchasing Groups
§ 33-40-15. Purchasing Group Requirements
§ 33-40-16. Purchases by Purchasing Group