Georgia Code
Part 1 - General Provisions
§ 33-5-20.1. Definitions

As used in this article, the term:
(1.1) “Exempt commercial purchaser” means any person purchasing commercial insurance that, at the time of placement, meets the following requirements:
If more than one insured from an affiliated group are named insureds on a single nonadmitted insurance contract, the term “home state” means the home state, as determined according to subparagraph (A) of this paragraph, of the member of the affiliated group that has the largest percentage of premium attributed to it under such insurance contract.
History. Code 1981, § 33-5-20.1 , enacted by Ga. L. 2011, p. 449, § 1/HB 413; Ga. L. 2018, p. 744, § 1/SB 381; Ga. L. 2019, p. 337, § 1-25/SB 132; Ga. L. 2019, p. 1056, § 33/SB 52.
The 2018 amendment, effective July 1, 2018, added paragraph (1); and redesignated former paragraph (1) as present paragraph (1.1)
The 2019 amendments. —
The first 2019 amendment, effective July 1, 2019, added “or” at the end of division (6)(D)(ii); deleted former division (6)(D)(iii), which read: “At least ten years of experience in risk financing, claims administration, loss prevention, risk and insurance coverage analysis, or purchasing commercial lines of insurance; or”; and redesignated former division (6)(D)(iv) as present division (6)(D)(iii). The second 2019 amendment, effective May 12, 2019, part of an Act to revise, modernize, and correct the Code, deleted “or” following “subparagraph;” at the end of subdivisions (1.1)(C)(i)(I) and (1.1)(C)(i)(II).

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