Georgia Code
Part 1 - General Provisions
§ 33-5-30. Validity and Enforceability of Contracts Procured as Surplus Line Insurance

Insurance contracts procured as surplus line coverage from unauthorized insurers in accordance with this chapter shall be fully valid and enforceable as to all parties and shall be given recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.
History. Code 1933, § 56-617, enacted by Ga. L. 1960, p. 289, § 1.

Structure Georgia Code

Title 33 - Insurance

Chapter 5 - Regulation of Unauthorized Insurers

Article 2 - Surplus Line Insurance

Part 1 - General Provisions

§ 33-5-20. Short Title

§ 33-5-20.1. Definitions

§ 33-5-20.2. Criteria for Domestic Surplus Lines Insurer; Construction With Federal Provisions; Eligibility to Write Insurance; Taxes; Protection; Financial and Solvency Requirements; Exemption From Statutory Requirements

§ 33-5-21. Authorization of Procurement of Surplus Line Insurance; Conditions; Procuring or Placing Nonadmitted Insurance for Exempt Commercial Purchaser

§ 33-5-21.1. Application of Chapter 9 or Code Section 33-24-9

§ 33-5-22. Licensing of Surplus Line Brokers Generally

§ 33-5-23. Revocation or Suspension of Broker’s License

§ 33-5-24. Acceptance and Placement of Business by Surplus Line Brokers Generally

§ 33-5-25. Broker to Ascertain Financial Condition of Unauthorized Insurer Prior to Placement of Insurance Therewith; Placement of Insurance With Foreign or Alien Insurers

§ 33-5-26. Endorsement of Insurance Contract by Broker

§ 33-5-27. Issuance to Insured by Broker of Evidence of Insurance; Issuance of Substitute Certificate or Endorsement; Delivery of Policy to Insured; Penalties

§ 33-5-28. Maintenance by Broker of Records of Policies Written or Renewed

§ 33-5-29. Filing of Quarterly Affidavits by Surplus Line Brokers; Filing of Reports of Affairs and Operations by Brokers

§ 33-5-30. Validity and Enforceability of Contracts Procured as Surplus Line Insurance

§ 33-5-31. Payment by Broker of Tax for Privilege of Doing Business; Computation and Allocation of Tax

§ 33-5-32. Penalty for Failure to File Quarterly Affidavit or Remit Tax Within Time Prescribed by Law; Collection and Disposition of Penalty

§ 33-5-33. Filing of Report by Persons Procuring Insurance With Unauthorized Insurers; Levy, Collection, and Disposition of Tax by Persons Procuring Such Insurance

§ 33-5-34. Venue of Actions Against Unauthorized Insurers Issuing Surplus Line Policies; Service of Process; Filing of Pleading by Insurer

§ 33-5-35. Applicability of Article