Georgia Code
Chapter 59 - Life Settlements
§ 33-59-11. Required Documents and Information; Confidentiality; Seller’s Right to Rescind; Escrow Proceedings; Failure to Tender Consideration; Limitation on Contracts With the Insured for the Purpose of Determining the Insured’s Health Status

Copies of the independent evidence required by paragraph (2) of this subsection shall be submitted to the insurer when the provider submits a request to the insurer for verification of coverage. The copies shall be accompanied by a letter of attestation from the provider that the copies are true and correct copies of the documents received by the provider. Nothing in this Code section shall prohibit an insurer from exercising its right to contest the validity of any policy. If the provider submits to the insurer a copy of independent evidence provided for in paragraph (2) of this subsection when the provider submits a request to the insurer to effect the transfer of the policy to the provider, the copy is deemed to establish that the settlement contract satisfies the requirements of this subsection.
History. Code 1981, § 33-59-9 , enacted by Ga. L. 2005, p. 998, § 1/SB 217; Code 1981, § 33-59-11 , as redesignated by Ga. L. 2009, p. 370, § 1/SB 61; Ga. L. 2019, p. 533, § 1-23/HB 99.
The 2019 amendment, effective July 1, 2019, substituted “Code Section 33-59-9” for “Code Section 33-5-9” at the end of subsection (f).
Editor’s notes.
Former Code Section 33-59-11 (Code 1981, § 33-59-11 , enacted by Ga. L. 2005, p. 998, § 1/SB 217), relating to permissible and impermissible conduct in advertising, was repealed by Ga. L. 2009, p. 370, § 1/SB 61, effective July 1, 2009.

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